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

Equities research analysts at StockNews.com assumed coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research report issued to clients and investors on Thursday. The firm set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Trading Down 6.5%

NASDAQ CNET opened at $1.52 on Thursday. The stock has a 50 day simple moving average of $1.53 and a two-hundred day simple moving average of $1.65. ZW Data Action Technologies has a fifty-two week low of $1.35 and a fifty-two week high of $4.53. The stock has a market cap of $3.49 million, a P/E ratio of -0.56 and a beta of 0.76. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.65 and a current ratio of 1.65.

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 for the quarter. The firm had revenue of $2.25 million for the quarter. ZW Data Action Technologies had a negative net margin of 26.48% and a negative return on equity of 89.60%.

ZW Data Action Technologies Company Profile

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.