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

StockNews.com started coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research note published on Thursday. The firm issued a sell rating on the business services provider’s stock.

ZW Data Action Technologies Stock Down 1.6 %

Shares of NASDAQ CNET opened at $2.46 on Thursday. The firm has a market cap of $17.72 million, a price-to-earnings ratio of -3.00 and a beta of 0.55. The company’s 50-day simple moving average is $0.88 and its 200-day simple moving average is $0.86. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.02. ZW Data Action Technologies has a 52-week low of $1.61 and a 52-week high of $5.04.

ZW Data Action Technologies (NASDAQ:CNET) last posted its quarterly earnings data on Friday, August 16th. The business services provider reported ($0.03) EPS for the quarter. The firm had revenue of $6.42 million for the quarter. ZW Data Action Technologies had a negative return on equity of 67.57% and a negative net margin of 18.42%.

ZW Data Action Technologies Company Profile

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.