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

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

ZW Data Action Technologies Trading Down 11.4 %

Shares of ZW Data Action Technologies stock opened at $2.02 on Friday. ZW Data Action Technologies has a 1 year low of $1.61 and a 1 year high of $5.04. The firm has a market cap of $14.55 million, a PE ratio of -2.46 and a beta of 0.55. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.73 and a quick ratio of 1.73. The company has a 50 day simple moving average of $1.02 and a two-hundred day simple moving average of $0.91.

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

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.