ZW Data Action Technologies (NASDAQ:CNET) Coverage Initiated by Analysts at StockNews.com

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

ZW Data Action Technologies Stock Performance

CNET opened at $1.70 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.65 and a current ratio of 1.65. ZW Data Action Technologies has a 52-week low of $1.43 and a 52-week high of $4.96. The firm has a market cap of $3.27 million, a P/E ratio of -0.63 and a beta of 0.58. The business’s fifty day moving average is $1.74 and its 200-day moving average is $2.15.

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.