StockNews.com Begins Coverage on ZW Data Action Technologies (NASDAQ:CNET)

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

ZW Data Action Technologies Stock Up 3.8%

NASDAQ:CNET opened at $1.54 on Thursday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.03. The stock has a 50 day moving average of $1.53 and a 200-day moving average of $1.65. The firm has a market capitalization of $3.53 million, a PE ratio of -0.57 and a beta of 0.76. ZW Data Action Technologies has a 52 week low of $1.35 and a 52 week high of $4.53.

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

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.