ZW Data Action Technologies (NASDAQ:CNET) Earns Sell Rating from Analysts at StockNews.com

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

ZW Data Action Technologies Stock Performance

Shares of NASDAQ CNET opened at $1.93 on Monday. ZW Data Action Technologies has a 1 year low of $1.61 and a 1 year high of $5.04. The firm has a market cap of $4.21 million, a P/E ratio of -0.78 and a beta of 0.63. The stock has a fifty day moving average price of $2.19 and a two-hundred day moving average price of $2.81. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.73 and a current ratio of 1.73.

ZW Data Action Technologies (NASDAQ:CNET) last announced its earnings results on Friday, August 16th. The business services provider reported ($0.12) earnings per share for the quarter. ZW Data Action Technologies had a negative net margin of 18.42% and a negative return on equity of 67.57%. The firm had revenue of $6.42 million for the quarter.

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.