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

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

ZW Data Action Technologies Price Performance

CNET opened at $1.79 on Tuesday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $3.45 million, a P/E ratio of -0.66 and a beta of 0.58. The stock has a 50-day moving average price of $1.77 and a 200-day moving average price of $2.32. ZW Data Action Technologies has a 12-month low of $1.47 and a 12-month high of $4.96.

ZW Data Action Technologies Company Profile

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.