ZW Data Action Technologies (NASDAQ:CNET) Announces Quarterly Earnings Results

ZW Data Action Technologies (NASDAQ:CNET) released its quarterly earnings results on Tuesday. The business services provider reported ($0.20) EPS for the quarter, Zacks reports. 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 Stock Performance

CNET remained flat at $1.50 on Tuesday. 1,903 shares of the company were exchanged, compared to its average volume of 74,340. ZW Data Action Technologies has a 1-year low of $1.35 and a 1-year high of $4.53. The stock has a market capitalization of $2.89 million, a P/E ratio of -0.56 and a beta of 0.51. 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 business has a 50-day moving average of $1.54 and a 200 day moving average of $1.76.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on ZW Data Action Technologies in a research report on Sunday. They set a “sell” rating for the company.

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.