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

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

ZW Data Action Technologies Stock Performance

NASDAQ CNET opened at $0.54 on Tuesday. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.02. ZW Data Action Technologies has a twelve month low of $0.40 and a twelve month high of $1.26. The business has a 50-day moving average price of $0.68 and a 200-day moving average price of $0.81. The firm has a market cap of $3.89 million, a price-to-earnings ratio of -0.66 and a beta of 0.51.

ZW Data Action Technologies (NASDAQ:CNET) last posted its quarterly earnings results on Friday, August 16th. The business services provider reported ($0.03) EPS 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 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.