ZW Data Action Technologies (NASDAQ:CNET) Reports Quarterly Financial Results

ZW Data Action Technologies (NASDAQ:CNET – Get Free Report) released earnings results on Friday. The business services provider reported ($0.23) EPS for the quarter, it reported. The company had revenue of $5.27 million for the quarter. ZW Data Action Technologies reported a negative return on equity of 81.34% and a negative net margin of 28.87%.

ZW Data Action Technologies Price Performance

NASDAQ:CNET opened at $0.76 on Friday. The stock has a 50-day simple moving average of $0.83 and a 200-day simple moving average of $0.90. ZW Data Action Technologies has a one-year low of $0.65 and a one-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

On Saturday, StockNews.com launched a research report on ZW Data Action Technologies. They set a “sell” rating on the company.

Read our latest report on CNET

ZW Data Action Technologies Company Profile

(Get the free report)

ZW Data Action Technologies Inc, through its subsidiaries, provides multi-channel advertising, precision marketing and data analytics management systems in the People’s Republic of China. Offers online advertising, precision marketing and related data services to small and medium-sized businesses through online portals including 28.com and liansuo.com, which provide advertisers with the tools to build sales channels in the form of franchisees, sales agents, distributors, and /or sellers.

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