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

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

ZW Data Action Technologies Stock Up 0.7 %

Shares of ZW Data Action Technologies stock opened at $1.53 on Friday. ZW Data Action Technologies has a 12 month low of $1.35 and a 12 month high of $4.53. The business has a fifty day simple moving average of $1.60 and a 200 day simple moving average of $1.83. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.03. The stock has a market cap of $2.95 million, a PE ratio of -0.57 and a beta of 0.53.

ZW Data Action Technologies Company Profile

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.