ZW Data Action Technologies (NASDAQ:CNET) Stock Crosses Above 200 Day Moving Average of $0.93

ZW Data Action Technologies Inc. (NASDAQ:CNET) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.93 and traded as high as $0.98. ZW Data Action Technologies shares last traded at $0.85, with a volume of 90,061 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on ZW Data Action Technologies in a report on Saturday. They set a “sell” rating on the stock.

ZW Data Action Technologies Stock Performance

The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.01. The company has a fifty day moving average of $0.96 and a two-hundred day moving average of $0.93.

ZW Data Action Technologies Company Profile

ZW Data Action Technologies Inc, through its subsidiaries, provides omni-channel advertising, precision marketing, and data analysis management systems in the People's Republic of China. It 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.