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

StockNews.com assumed coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a report released on Friday. The brokerage set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Stock Performance

ZW Data Action Technologies stock opened at $1.52 on Friday. ZW Data Action Technologies has a fifty-two week low of $1.35 and a fifty-two week high of $4.53. The firm’s 50 day simple moving average is $1.60 and its 200-day simple moving average is $1.83. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.65 and a quick ratio of 1.65. The company has a market cap of $2.93 million, a P/E ratio of -0.56 and a beta of 0.53.

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.