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

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

ZW Data Action Technologies Stock Performance

Shares of NASDAQ CNET opened at $0.76 on Monday. The firm’s 50-day simple moving average is $0.92 and its 200 day simple moving average is $0.92. 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 $0.65 and a 12-month high of $1.45.

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.