StockNews.com Initiates Coverage on ZW Data Action Technologies (NASDAQ:CNET)

Stock analysts at StockNews.com began coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research report issued on Monday. The firm set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Stock Performance

CNET opened at $1.68 on Monday. ZW Data Action Technologies has a twelve month low of $1.43 and a twelve month high of $4.53. The stock has a market cap of $3.24 million, a PE ratio of -0.62 and a beta of 0.58. The business’s 50 day moving average is $1.72 and its 200-day moving average is $1.97. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.03.

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.