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

Stock analysts at StockNews.com assumed coverage on shares of ZW Data Action Technologies (NASDAQ:CNETGet Free Report) in a research note issued to investors on Friday. The brokerage set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Stock Performance

ZW Data Action Technologies stock opened at $0.78 on Friday. The business’s 50-day simple moving average is $0.86 and its two-hundred day simple moving average is $0.90. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.01. ZW Data Action Technologies has a fifty-two week low of $0.65 and a fifty-two week high of $1.45.

About ZW Data Action Technologies

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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.

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