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

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

ZW Data Action Technologies Stock Down 13.1 %

Shares of NASDAQ CNET opened at $1.46 on Wednesday. ZW Data Action Technologies has a 52-week low of $1.43 and a 52-week high of $4.96. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.65 and a current ratio of 1.65. The stock has a market cap of $2.81 million, a P/E ratio of -0.54 and a beta of 0.58. The firm has a 50 day moving average price of $1.76 and a 200 day moving average price of $2.28.

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.