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

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

ZW Data Action Technologies Price Performance

ZW Data Action Technologies stock opened at $2.46 on Thursday. The stock has a market cap of $17.72 million, a P/E ratio of -2.96 and a beta of 0.55. The company has a fifty day simple moving average of $0.84 and a 200-day simple moving average of $0.85. ZW Data Action Technologies has a 12-month low of $1.61 and a 12-month high of $5.04. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.02.

ZW Data Action Technologies (NASDAQ:CNET) last released its quarterly earnings data on Friday, August 16th. The business services provider reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $6.42 million for the quarter. ZW Data Action Technologies had a negative return on equity of 67.57% and a negative net margin of 18.42%.

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.