ZW Data Action Technologies (NASDAQ:CNET) Receives New Coverage from Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a report released on Saturday. The brokerage set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Trading Up 0.1 %

NASDAQ:CNET opened at $0.76 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.84 and a current ratio of 1.84. The company has a market capitalization of $5.47 million, a P/E ratio of -0.93 and a beta of 0.57. The stock’s 50 day moving average price is $0.83 and its 200 day moving average price is $0.90. ZW Data Action Technologies has a 52 week low of $0.65 and a 52 week high of $1.45.

ZW Data Action Technologies (NASDAQ:CNET) last announced its quarterly earnings results on Friday, June 28th. The business services provider reported ($0.23) EPS for the quarter. The business had revenue of $5.27 million for the quarter. ZW Data Action Technologies had a negative return on equity of 81.34% and a negative net margin of 28.87%.

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.