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

Research analysts at StockNews.com began coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a report released on Tuesday. 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 $1.79 on Tuesday. The firm has a market capitalization of $3.45 million, a P/E ratio of -0.66 and a beta of 0.58. ZW Data Action Technologies has a one year low of $1.47 and a one year high of $4.96. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.65 and a quick ratio of 1.65. The business has a fifty day moving average price of $1.77 and a 200-day moving average price of $2.32.

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.