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

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

ZW Data Action Technologies Stock Up 3.8%

Shares of CNET stock opened at $1.54 on Thursday. The stock’s 50-day simple moving average is $1.53 and its 200-day simple moving average is $1.64. 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 capitalization of $3.53 million, a PE ratio of -0.57 and a beta of 0.76. ZW Data Action Technologies has a fifty-two week low of $1.35 and a fifty-two week high of $4.53.

ZW Data Action Technologies (NASDAQ:CNET) last announced 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 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.