StockNews.com Begins Coverage on ZW Data Action Technologies (NASDAQ:CNET)

Research analysts at StockNews.com assumed coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research report issued on Tuesday. The firm set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Trading Down 5.2 %

Shares of ZW Data Action Technologies stock opened at $1.83 on Tuesday. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.02. The stock has a fifty day simple moving average of $2.16 and a 200 day simple moving average of $2.75. ZW Data Action Technologies has a 12-month low of $1.60 and a 12-month high of $5.04. The company has a market capitalization of $3.99 million, a P/E ratio of -0.74 and a beta of 0.63.

ZW Data Action Technologies (NASDAQ:CNET) last posted its earnings results on Friday, August 16th. The business services provider reported ($0.12) earnings per share (EPS) for the quarter. ZW Data Action Technologies had a negative return on equity of 67.57% and a negative net margin of 18.42%. The firm had revenue of $6.42 million during the quarter.

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.