ZW Data Action Technologies (NASDAQ:CNET) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research note issued to investors on Monday. The brokerage issued a sell rating on the business services provider’s stock.

ZW Data Action Technologies Price Performance

NASDAQ:CNET opened at $1.67 on Monday. 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 firm has a market cap of $3.22 million, a price-to-earnings ratio of -0.62 and a beta of 0.58. ZW Data Action Technologies has a 52 week low of $1.43 and a 52 week high of $4.53. The firm’s 50-day simple moving average is $1.72 and its 200 day simple moving average is $1.97.

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.