ZW Data Action Technologies (NASDAQ:CNET) Now Covered by Analysts at StockNews.com

Equities research analysts at StockNews.com began coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a note issued to investors on Wednesday. The firm set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Stock Down 9.1 %

ZW Data Action Technologies stock opened at $0.50 on Wednesday. The company has a market capitalization of $3.60 million, a P/E ratio of -0.61 and a beta of 0.51. ZW Data Action Technologies has a fifty-two week low of $0.40 and a fifty-two week high of $1.26. The stock has a 50-day simple moving average of $0.65 and a 200-day simple moving average of $0.79. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.73 and a current ratio of 1.73.

ZW Data Action Technologies (NASDAQ:CNET) last announced 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 business had revenue of $6.42 million during the quarter.

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.