ZW Data Action Technologies (NASDAQ:CNET) Now Covered by StockNews.com

StockNews.com started coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a research report sent to investors on Saturday morning. The brokerage issued a sell rating on the business services provider’s stock.

ZW Data Action Technologies Price Performance

Shares of NASDAQ CNET opened at $0.84 on Friday. The stock has a fifty day moving average price of $0.96 and a 200 day moving average price of $0.93. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.01. ZW Data Action Technologies has a 12-month low of $0.69 and a 12-month high of $1.64.

About ZW Data Action Technologies

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.