StockNews.com Initiates Coverage on ZW Data Action Technologies (NASDAQ:CNET)

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

ZW Data Action Technologies Stock Performance

NASDAQ CNET opened at $0.87 on Friday. ZW Data Action Technologies has a one year low of $0.69 and a one year high of $1.64. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.01. The stock’s 50-day moving average is $0.96 and its 200-day moving average is $0.93.

ZW Data Action Technologies Company Profile

ZW Data Action Technologies Inc, through its subsidiaries, provides omni-channel advertising, precision marketing, and data analysis management systems in the People's Republic of China. It 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.