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

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

ZW Data Action Technologies Stock Down 2.6 %

Shares of CNET stock opened at $0.56 on Tuesday. The company has a market capitalization of $4.03 million, a price-to-earnings ratio of -0.68 and a beta of 0.51. ZW Data Action Technologies has a one year low of $0.40 and a one year high of $1.26. The company’s fifty day moving average price is $0.68 and its 200-day moving average price is $0.81. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.73 and a quick ratio of 1.73.

ZW Data Action Technologies (NASDAQ:CNET) last announced its quarterly earnings results on Friday, August 16th. The business services provider reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $6.42 million during the quarter. ZW Data Action Technologies had a negative net margin of 18.42% and a negative return on equity of 67.57%.

ZW Data Action Technologies Company Profile

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.