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

StockNews.com initiated coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research note published on Wednesday 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 $1.55 on Wednesday. ZW Data Action Technologies has a twelve month low of $1.35 and a twelve month 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 firm has a market cap of $3.57 million, a P/E ratio of -0.57 and a beta of 0.76. The firm’s 50-day simple moving average is $1.52 and its 200-day simple moving average is $1.66.

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

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.