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

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

ZW Data Action Technologies Stock Performance

Shares of NASDAQ:CNET opened at $1.79 on Thursday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.65 and a quick ratio of 1.65. ZW Data Action Technologies has a 1 year low of $1.43 and a 1 year high of $4.96. The firm has a market capitalization of $3.45 million, a PE ratio of -0.66 and a beta of 0.58. The business’s 50 day moving average price is $1.73 and its 200-day moving average price is $2.21.

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.