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

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

ZW Data Action Technologies Stock Down 2.0 %

Shares of ZW Data Action Technologies stock opened at $1.49 on Monday. ZW Data Action Technologies has a 52-week low of $1.35 and a 52-week high of $4.53. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.65 and a current ratio of 1.65. The business’s 50 day simple moving average is $1.53 and its 200 day simple moving average is $1.71. The firm has a market cap of $2.87 million, a PE ratio of -0.55 and a beta of 0.51.

ZW Data Action Technologies (NASDAQ:CNET) last posted its quarterly earnings data on Tuesday, April 15th. The business services provider reported ($0.20) earnings per share (EPS) for the quarter. The business had revenue of $2.25 million during the quarter. ZW Data Action Technologies had a negative net margin of 26.48% and a negative return on equity of 89.60%.

About ZW Data Action Technologies

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.