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

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

ZW Data Action Technologies Stock Performance

Shares of NASDAQ:CNET opened at $0.76 on Friday. ZW Data Action Technologies has a twelve month low of $0.65 and a twelve month high of $1.45. The firm has a market cap of $5.47 million, a PE ratio of -0.93 and a beta of 0.52. The business has a fifty day moving average of $0.80 and a 200-day moving average of $0.88.

ZW Data Action Technologies (NASDAQ:CNET) last announced its earnings results on Friday, June 28th. The business services provider reported ($0.23) earnings per share for the quarter. ZW Data Action Technologies had a negative net margin of 19.53% and a negative return on equity of 57.48%. The business had revenue of $5.27 million during the quarter.

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.