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

Equities research analysts at StockNews.com started coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research note issued on Saturday. The firm set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Stock Performance

Shares of CNET stock opened at $1.69 on Friday. The firm’s 50-day simple moving average is $1.85 and its 200-day simple moving average is $2.51. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.65 and a quick ratio of 1.65. ZW Data Action Technologies has a 1-year low of $1.47 and a 1-year high of $4.96. The firm has a market cap of $3.26 million, a P/E ratio of -0.63 and a beta of 0.61.

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.