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

StockNews.com initiated coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research note published on Wednesday. The brokerage issued a sell rating on the business services provider’s stock.

ZW Data Action Technologies Stock Performance

Shares of CNET stock opened at $1.66 on Wednesday. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.03. The company has a 50-day moving average of $1.75 and a two-hundred day moving average of $2.27. ZW Data Action Technologies has a 1-year low of $1.43 and a 1-year high of $4.96.

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.