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

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

ZW Data Action Technologies Price Performance

CNET stock opened at $0.76 on Friday. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.01. ZW Data Action Technologies has a twelve month low of $0.65 and a twelve month high of $1.45. The company’s 50 day moving average is $0.83 and its two-hundred day moving average is $0.90. The stock has a market cap of $5.48 million, a P/E ratio of -0.93 and a beta of 0.57.

ZW Data Action Technologies (NASDAQ:CNET) last announced its earnings results on Friday, June 28th. The business services provider reported ($0.23) EPS for the quarter. The business had revenue of $5.27 million during the quarter. ZW Data Action Technologies had a negative net margin of 28.87% and a negative return on equity of 81.34%.

ZW Data Action Technologies Company Profile

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.