ZW Data Action Technologies (NASDAQ:CNET) Coverage Initiated by Analysts at StockNews.com

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

ZW Data Action Technologies Stock Performance

Shares of NASDAQ:CNET traded down $0.08 during trading on Friday, hitting $0.85. The stock had a trading volume of 91,800 shares, compared to its average volume of 24,331. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.01. The firm’s fifty day moving average is $0.96 and its 200 day moving average is $0.93. ZW Data Action Technologies has a 12 month low of $0.69 and a 12 month high of $1.72.

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.