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

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

ZW Data Action Technologies Trading Down 1.2 %

Shares of CNET stock opened at $1.67 on Thursday. ZW Data Action Technologies has a 12-month low of $1.47 and a 12-month high of $5.04. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.03. The firm’s 50 day moving average is $2.08 and its 200 day moving average is $2.63. The stock has a market capitalization of $3.22 million, a P/E ratio of -0.62 and a beta of 0.63.

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.