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

Equities research analysts at StockNews.com initiated coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a note issued to investors on Monday. The firm set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Price Performance

ZW Data Action Technologies stock opened at $1.49 on Monday. The company has a market capitalization of $2.87 million, a price-to-earnings ratio of -0.55 and a beta of 0.51. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.03. ZW Data Action Technologies has a 12 month low of $1.35 and a 12 month high of $4.53. The stock’s 50 day moving average is $1.53 and its 200-day moving average is $1.71.

ZW Data Action Technologies (NASDAQ:CNET) last posted its quarterly earnings data on Tuesday, April 15th. The business services provider reported ($0.20) earnings per share (EPS) for the quarter. ZW Data Action Technologies had a negative net margin of 26.48% and a negative return on equity of 89.60%. The business had revenue of $2.25 million during the quarter.

About ZW Data Action Technologies

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.