ZW Data Action Technologies (NASDAQ:CNET) Research Coverage Started at StockNews.com

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

ZW Data Action Technologies Price Performance

NASDAQ CNET opened at $0.73 on Friday. The stock has a market capitalization of $5.26 million, a PE ratio of -0.89 and a beta of 0.52. The business has a 50 day simple moving average of $0.83 and a two-hundred day simple moving average of $0.89. ZW Data Action Technologies has a 1-year low of $0.65 and a 1-year high of $1.45.

ZW Data Action Technologies (NASDAQ:CNET) last posted its quarterly earnings data on Friday, June 28th. The business services provider reported ($0.23) earnings per share (EPS) for the quarter. The company had revenue of $5.27 million during 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.