StockNews.com Begins Coverage on ZW Data Action Technologies (NASDAQ:CNET)

Stock analysts at StockNews.com began coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a note issued to investors on Wednesday. The firm set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Trading Up 2.6 %

NASDAQ:CNET opened at $1.59 on Wednesday. The stock has a fifty day moving average price of $2.11 and a 200 day moving average price of $2.67. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.02. The firm has a market cap of $3.47 million, a PE ratio of -0.59 and a beta of 0.63. ZW Data Action Technologies has a 12-month low of $1.47 and a 12-month high of $5.04.

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.