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

Research 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 Friday. The brokerage set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Stock Performance

Shares of CNET opened at $1.52 on Friday. The company has a market capitalization of $2.93 million, a PE ratio of -0.56 and a beta of 0.53. 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 company’s 50 day moving average price is $1.60 and its 200 day moving average price is $1.83. ZW Data Action Technologies has a 52 week low of $1.35 and a 52 week 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.