ZW Data Action Technologies (NASDAQ:CNET) Coverage Initiated 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 Sunday. The firm set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Trading Down 5.2 %

Shares of CNET opened at $1.63 on Friday. The stock’s fifty day simple moving average is $1.79 and its 200-day simple moving average is $2.46. The firm has a market capitalization of $3.14 million, a PE ratio of -0.60 and a beta of 0.61. ZW Data Action Technologies has a 12-month low of $1.47 and a 12-month high of $4.96. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.03.

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.