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

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

ZW Data Action Technologies Stock Performance

Shares of CNET stock opened at $1.73 on Thursday. The company has a market capitalization of $3.34 million, a P/E ratio of -0.64 and a beta of 0.58. ZW Data Action Technologies has a fifty-two week low of $1.43 and a fifty-two week high of $4.96. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.65 and a current ratio of 1.65. The stock has a 50 day moving average price of $1.73 and a two-hundred day moving average price of $2.22.

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.