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

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

ZW Data Action Technologies Stock Performance

Shares of CNET opened at $1.50 on Friday. ZW Data Action Technologies has a twelve month low of $1.35 and a twelve month high of $4.53. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $2.89 million, a P/E ratio of -0.56 and a beta of 0.51. The firm’s 50-day moving average is $1.54 and its two-hundred day moving average is $1.76.

ZW Data Action Technologies (NASDAQ:CNET) last released its quarterly earnings data 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%.

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.