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

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

NASDAQ CNET opened at $0.31 on Friday. ZW Data Action Technologies has a 52-week low of $0.28 and a 52-week high of $2.40. The company has a 50-day simple moving average of $0.58 and a 200 day simple moving average of $0.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.26 and a current ratio of 2.48. The company has a market capitalization of $11.12 million, a PE ratio of -2.62 and a beta of 1.63.

ZW Data Action Technologies (NASDAQ:CNETGet Rating) last posted its quarterly earnings data on Friday, April 15th. The business services provider reported ($0.03) earnings per share (EPS) for the quarter. ZW Data Action Technologies had a negative return on equity of 19.09% and a negative net margin of 8.92%. The company had revenue of $12.48 million for the quarter.

ZW Data Action Technologies Company Profile (Get Rating)

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 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.

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