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

StockNews.com assumed coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research note released on Monday morning. The firm issued a sell rating on the business services provider’s stock.

ZW Data Action Technologies Price Performance

Shares of CNET stock opened at $1.80 on Monday. The company has a market capitalization of $3.47 million, a P/E ratio of -0.67 and a beta of 0.61. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.03. ZW Data Action Technologies has a 12 month low of $1.47 and a 12 month high of $4.96. The stock has a 50 day moving average of $1.77 and a two-hundred day moving average of $2.36.

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.