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

Investment analysts at StockNews.com started coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a report released on Tuesday. The brokerage set a “sell” rating on the business services provider’s stock.

ZW Data Action Technologies Stock Performance

Shares of CNET stock opened at $1.51 on Tuesday. The stock has a market capitalization of $2.91 million, a PE ratio of -0.56 and a beta of 0.58. ZW Data Action Technologies has a 52-week low of $1.43 and a 52-week high of $4.53. The stock’s 50-day moving average price is $1.70 and its 200 day moving average price is $1.93. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.03.

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.