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

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

ZW Data Action Technologies Trading Up 1.7 %

Shares of CNET stock opened at $1.79 on Monday. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.02. The firm has a market cap of $3.90 million, a P/E ratio of -0.71 and a beta of 0.63. The business has a 50-day moving average price of $2.21 and a two-hundred day moving average price of $2.83. ZW Data Action Technologies has a 12-month low of $1.61 and a 12-month high of $5.04.

ZW Data Action Technologies (NASDAQ:CNET) last released its 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 return on equity of 67.57% and a negative net margin of 18.42%. The firm had revenue of $6.42 million during 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.