ChinaNet Online Holdings (CNET) Receiving Favorable Media Coverage, Analysis Finds

Headlines about ChinaNet Online Holdings (NASDAQ:CNET) have been trending positive this week, AlphaOne Sentiment reports. The research group, a subsidiary of Accern, identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. ChinaNet Online Holdings earned a news impact score of 0.31 on AlphaOne’s scale. AlphaOne also gave media headlines about the business services provider an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the immediate future.

Shares of ChinaNet Online Holdings (NASDAQ:CNET) traded down 0.79% during trading on Monday, hitting $1.26. 5,554 shares of the stock were exchanged. ChinaNet Online Holdings has a 52 week low of $0.97 and a 52 week high of $2.40. The firm has a 50 day moving average price of $1.22 and a 200 day moving average price of $1.18. The firm’s market capitalization is $15.45 million.

ChinaNet Online Holdings (NASDAQ:CNET) last posted its quarterly earnings data on Tuesday, May 16th. The business services provider reported ($0.09) earnings per share (EPS) for the quarter. ChinaNet Online Holdings had a negative return on equity of 26.08% and a negative net margin of 16.69%. The company had revenue of $7.26 million for the quarter. During the same quarter last year, the firm posted ($0.12) EPS.

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About ChinaNet Online Holdings

ChinaNet Online Holdings, Inc is a holding company that conducts its primary businesses through its subsidiaries and operating entities (the variable interest entities (VIEs)). The Company is a business-to-businesses (B2B), integrated Internet technology company providing online-to-offline (O2O) sales channel expansion, precision marketing and the related data services for small and medium-sized enterprises, and entrepreneurial management and networking services for entrepreneurs in the People’s Republic of China.

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