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

StockNews.com assumed coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a report issued on Thursday morning. The firm issued a sell rating on the business services provider’s stock.

ZW Data Action Technologies Price Performance

Shares of ZW Data Action Technologies stock opened at $1.73 on Thursday. The firm has a market capitalization of $3.34 million, a PE ratio of -0.64 and a beta of 0.58. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.03. ZW Data Action Technologies has a 12 month low of $1.43 and a 12 month high of $4.96. The business’s 50-day moving average price is $1.73 and its 200-day moving average price is $2.22.

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.