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

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

ZW Data Action Technologies Price Performance

NASDAQ CNET opened at $0.99 on Friday. The business has a fifty day moving average price of $0.97 and a two-hundred day moving average price of $0.93. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.84 and a current ratio of 1.84. ZW Data Action Technologies has a fifty-two week low of $0.69 and a fifty-two week high of $1.90.

ZW Data Action Technologies Company Profile

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.