ZW Data Action Technologies (NASDAQ:CNET) Earns Sell Rating from Analysts at StockNews.com

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

ZW Data Action Technologies Stock Performance

Shares of CNET stock opened at $1.43 on Wednesday. The business’s 50-day moving average price is $1.66 and its 200-day moving average price is $1.89. ZW Data Action Technologies has a 12 month low of $1.35 and a 12 month high of $4.53. The firm has a market capitalization of $2.75 million, a price-to-earnings ratio of -0.53 and a beta of 0.53. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.03.

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.