ZW Data Action Technologies (NASDAQ:CNET) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of ZW Data Action Technologies (NASDAQ:CNETGet Free Report) in a note issued to investors on Sunday. The firm set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Trading Up 10.4 %

Shares of CNET opened at $0.80 on Friday. The company has a market cap of $5.76 million, a price-to-earnings ratio of -0.98 and a beta of 0.52. ZW Data Action Technologies has a 1-year low of $0.65 and a 1-year high of $1.45. The company’s fifty day simple moving average is $0.81 and its 200 day simple moving average is $0.89.

ZW Data Action Technologies (NASDAQ:CNETGet Free Report) last released 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

(Get Free Report)

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.

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