ZW Data Action Technologies (NASDAQ:CNET) Research Coverage Started at StockNews.com

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

ZW Data Action Technologies Stock Up 3.5 %

CNET stock opened at $1.79 on Thursday. The firm has a market cap of $3.45 million, a PE ratio of -0.66 and a beta of 0.58. ZW Data Action Technologies has a one year low of $1.43 and a one year high of $4.96. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.65 and a current ratio of 1.65. The firm’s 50 day moving average price is $1.73 and its 200-day moving average price is $2.20.

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.