ZW Data Action Technologies (NASDAQ:CNET) Earns Sell Rating from Analysts at StockNews.com

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

ZW Data Action Technologies Stock Performance

ZW Data Action Technologies stock opened at $2.21 on Friday. ZW Data Action Technologies has a fifty-two week low of $1.61 and a fifty-two week high of $5.04. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.73 and a current ratio of 1.73. The stock has a market cap of $15.92 million, a P/E ratio of -2.70 and a beta of 0.55. The firm’s fifty day moving average price is $2.28 and its 200-day moving average price is $2.90.

ZW Data Action Technologies (NASDAQ:CNET) last released its quarterly earnings results on Friday, August 16th. The business services provider reported ($0.12) earnings per share 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 for the quarter.

About ZW Data Action Technologies

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.