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

Research analysts at StockNews.com started coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research note issued on Thursday. The brokerage set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Stock Performance

NASDAQ:CNET opened at $1.46 on Thursday. The company has a market cap of $2.82 million, a P/E ratio of -0.54 and a beta of 0.53. The firm’s 50 day moving average is $1.61 and its two-hundred day moving average is $1.85. ZW Data Action Technologies has a fifty-two week low of $1.35 and a fifty-two week high of $4.53. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.03.

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.