ZW Data Action Technologies (NASDAQ:CNET) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research note issued to investors on Saturday morning. The firm issued a sell rating on the business services provider’s stock.

ZW Data Action Technologies Stock Performance

NASDAQ CNET opened at $0.77 on Friday. The business has a fifty day moving average price of $0.82 and a 200 day moving average price of $0.89. The company has a market cap of $5.54 million, a P/E ratio of -0.94 and a beta of 0.52. ZW Data Action Technologies has a one year low of $0.65 and a one year high of $1.45.

ZW Data Action Technologies (NASDAQ:CNET) last released its earnings results on Friday, June 28th. The business services provider reported ($0.23) earnings per share (EPS) for the quarter. The business had revenue of $5.27 million for the quarter. ZW Data Action Technologies had a negative return on equity of 57.48% and a negative net margin of 19.53%.

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.