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

Stock analysts at StockNews.com initiated coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research report issued to clients and investors on Wednesday. The firm set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Stock Performance

ZW Data Action Technologies stock opened at $1.43 on Wednesday. ZW Data Action Technologies has a 12-month low of $1.35 and a 12-month high of $4.53. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.03. The business’s 50-day moving average price is $1.66 and its two-hundred day moving average price is $1.89. The stock has a market cap of $2.75 million, a PE ratio of -0.53 and a beta of 0.53.

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.