ZW Data Action Technologies (NASDAQ:CNET – Get Free Report) reported its earnings results on Friday. The business services provider reported earnings per share ($0.23) for the quarter, it reported. The company had revenue of $5.27 million during the quarter. ZW Data Action Technologies had a negative return on equity of 81.34% and a negative net margin of 28.87%.
Price development at ZW Data Action Technologies
NASDAQ:CNET opened at $0.76 on Friday. The stock has a 50-day moving average of $0.83 and a 200-day moving average of $0.90. ZW Data Action Technologies has a 1-year low of $0.65 and a 1-year high of $1.45. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.01.
Analysts set new price targets
Separately, StockNews.com initiated coverage on ZW Data Action Technologies in a research report on Saturday. They gave the company a sell rating.
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Company profile of ZW Data Action Technologies
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ZW Data Action Technologies Inc., through its subsidiaries, provides omnichannel advertising, precision marketing and data analytics management systems in the People’s Republic of China. The company provides Internet advertising, precision marketing and related data services to small and medium-sized enterprises through its Internet portals, including 28.com and liansuo.com. These portals provide advertisers with tools to build sales channels in the form of franchisees, sales agents, distributors and/or resellers.
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