ZW Data Action Technologies (NASDAQ:CNET) Now Covered by Analysts at StockNews.com

Analysts at StockNews.com began coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a report issued on Thursday. The firm set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Stock Performance

CNET stock opened at $2.72 on Thursday. ZW Data Action Technologies has a twelve month low of $1.61 and a twelve month high of $5.04. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.02. The company has a market cap of $19.60 million, a P/E ratio of -3.32 and a beta of 0.51. The business’s fifty day moving average is $0.77 and its 200-day moving average is $0.83.

ZW Data Action Technologies (NASDAQ:CNET) last released its earnings results on Friday, August 16th. The business services provider reported ($0.03) 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 company had revenue of $6.42 million during the quarter.

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.