StockNews.com started coverage on shares of ZW Data Action Technologies (NASDAQ:CNET – Free Report) in a report published on Monday morning. The firm issued a sell rating on the business services provider’s stock.
ZW Data Action Technologies Stock Up 3.9 %
Shares of NASDAQ:CNET opened at $0.79 on Monday. The company’s 50-day moving average price is $0.79 and its 200 day moving average price is $0.88. The company has a market cap of $5.69 million, a PE ratio of -0.96 and a beta of 0.52. ZW Data Action Technologies has a fifty-two week low of $0.65 and a fifty-two week high of $1.44.
ZW Data Action Technologies (NASDAQ:CNET – Get Free Report) last released its quarterly earnings results on Friday, June 28th. The business services provider reported ($0.23) earnings per share for the quarter. The business had revenue of $5.27 million for the quarter. ZW Data Action Technologies had a negative net margin of 19.53% and a negative return on equity of 57.48%.
About ZW Data Action Technologies
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.
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