ZW Data Action Technologies (NASDAQ:CNET) Earns Sell Rating from Analysts at StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a note issued to investors on Saturday. The brokerage set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Trading Down 8.4 %

CNET stock opened at $0.85 on Friday. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.01. ZW Data Action Technologies has a 1 year low of $0.69 and a 1 year high of $1.72. The stock has a 50-day simple moving average of $0.96 and a 200-day simple moving average of $0.93.

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.