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

StockNews.com began coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a report released on Tuesday morning. The firm issued a sell rating on the business services provider’s stock.

ZW Data Action Technologies Price Performance

Shares of CNET stock opened at $1.61 on Tuesday. The firm has a market cap of $3.69 million, a P/E ratio of -0.59 and a beta of 0.51. ZW Data Action Technologies has a fifty-two week low of $1.35 and a fifty-two week high of $4.53. The business’s 50 day moving average price is $1.53 and its 200-day moving average price is $1.68. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.65 and a current ratio of 1.65.

ZW Data Action Technologies (NASDAQ:CNET) last issued its quarterly earnings data on Tuesday, April 15th. The business services provider reported ($0.20) earnings per share for the quarter. The business had revenue of $2.25 million during the quarter. ZW Data Action Technologies had a negative return on equity of 89.60% and a negative net margin of 26.48%.

ZW Data Action Technologies Company Profile

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.