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

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

ZW Data Action Technologies Stock Up 5.1 %

Shares of CNET stock opened at $2.28 on Friday. The stock’s 50 day simple moving average is $1.00 and its 200 day simple moving average is $0.90. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.73 and a current ratio of 1.73. ZW Data Action Technologies has a twelve month low of $1.61 and a twelve month high of $5.04. The company has a market capitalization of $16.43 million, a price-to-earnings ratio of -2.78 and a beta of 0.55.

ZW Data Action Technologies (NASDAQ:CNET) last issued its quarterly earnings data 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.

About ZW Data Action Technologies

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.