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

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

ZW Data Action Technologies Stock Performance

NASDAQ CNET opened at $1.64 on Friday. The stock has a market cap of $3.16 million, a PE ratio of -0.61 and a beta of 0.58. 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 twelve month low of $1.43 and a twelve month high of $4.96. The stock has a fifty day simple moving average of $1.73 and a 200-day simple moving average of $2.05.

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.