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

Investment analysts at StockNews.com initiated coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research report issued on Saturday. The firm set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Stock Up 5.7 %

Shares of NASDAQ CNET opened at $2.21 on Friday. The stock has a market capitalization of $15.92 million, a P/E ratio of -2.70 and a beta of 0.55. The company has a 50-day moving average price of $1.15 and a 200-day moving average price of $0.95. ZW Data Action Technologies has a 1 year low of $1.61 and a 1 year high of $5.04. 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 released its quarterly earnings results on Friday, August 16th. The business services provider reported ($0.03) earnings per share for the quarter. ZW Data Action Technologies had a negative return on equity of 67.57% and a negative net margin of 18.42%. The firm had revenue of $6.42 million for the quarter.

ZW Data Action Technologies Company Profile

ZW Data Action Technologies Inc, through its subsidiaries, offers omni-channel advertising, precision marketing, and data analysis management systems in the People’s Republic of China. The company 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.