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

StockNews.com assumed coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research report report published on Thursday morning. The firm issued a sell rating on the business services provider’s stock.

ZW Data Action Technologies Stock Performance

Shares of CNET opened at $1.48 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 price of $1.61 and a 200-day moving average price of $1.85. The company has a market cap of $2.84 million, a PE ratio of -0.55 and a beta of 0.53. ZW Data Action Technologies has a 12-month low of $1.35 and a 12-month high of $4.53.

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.