StockNews.com’s equity analysts have increased coverage of shares of ZW Data Action Technologies (NASDAQ:CNET – Get Free Report) in a statement to investors on Sunday. The company gave the business services provider’s stock a “sell” rating.
ZW Data Action Technologies is up 10.4%
CNET shares opened at $0.80 on Friday. The company has a market cap of $5.76 million, a price-to-earnings ratio of -0.98, and a beta of 0.52. ZW Data Action Technologies has a 1-year low of $0.65 and a 1-year high of $1.45. The company’s 50-day moving average is $0.81 and its 200-day moving average is $0.89.
ZW Data Action Technologies (NASDAQ:CNET – Get Free Report) last released its quarterly earnings results on Friday, June 28. The business services provider reported earnings per share ($0.23) for the quarter. ZW Data Action Technologies had a negative return on equity of 57.48% and a negative net margin of 19.53%. The company posted revenue of $5.27 million during the quarter.
About ZW Data Action Technologies
(Get free report)
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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