ZW Data Action Technologies (NASDAQ:CNET) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research report report published on Monday. The brokerage issued a sell rating on the business services provider’s stock.

ZW Data Action Technologies Price Performance

Shares of CNET stock opened at $0.63 on Monday. The stock’s fifty day simple moving average is $0.70 and its 200 day simple moving average is $0.82. ZW Data Action Technologies has a one year low of $0.40 and a one year high of $1.26. The firm has a market cap of $4.53 million, a price-to-earnings ratio of -0.77 and a beta of 0.51. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.73 and a quick ratio of 1.73.

ZW Data Action Technologies (NASDAQ:CNET) last issued its earnings results on Friday, August 16th. The business services provider reported ($0.03) EPS for the quarter. ZW Data Action Technologies had a negative net margin of 18.42% and a negative return on equity of 67.57%. The firm had revenue of $6.42 million during the quarter.

About ZW Data Action Technologies

ZW Data Action Technologies Inc, through its subsidiaries, provides omni-channel advertising, precision marketing, and data analysis management systems in the People's Republic of China. It offers Internet advertising, precision marketing, and related data services to small and medium enterprises through its Internet portals, including 28.com and liansuo.com that provide advertisers with tools to build sales channels in the form of franchisees, sales agents, distributors, and/or resellers.