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

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

ZW Data Action Technologies Stock Down 6.6 %

Shares of CNET opened at $0.76 on Tuesday. The company has a market cap of $5.45 million, a price-to-earnings ratio of -0.92 and a beta of 0.52. ZW Data Action Technologies has a twelve month low of $0.65 and a twelve month high of $1.42. The company has a 50 day moving average of $0.79 and a two-hundred day moving average of $0.88.

ZW Data Action Technologies (NASDAQ:CNET) last posted its quarterly earnings data on Friday, June 28th. The business services provider reported ($0.23) EPS for the quarter. ZW Data Action Technologies had a negative return on equity of 57.48% and a negative net margin of 19.53%. The company had revenue of $5.27 million for the quarter.

About ZW Data Action Technologies

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.