ZW Data Action Technologies (NASDAQ:CNET) Announces Quarterly Earnings Results

ZW Data Action Technologies (NASDAQ:CNET) released its quarterly earnings results on Tuesday. The business services provider reported ($0.23) EPS for the quarter, Zacks reports. ZW Data Action Technologies had a negative net margin of 26.48% and a negative return on equity of 89.60%.

ZW Data Action Technologies Trading Down 4.8%

NASDAQ CNET traded down $0.07 during trading on Tuesday, hitting $1.46. The company had a trading volume of 5,074 shares, compared to its average volume of 28,704. The company’s fifty day moving average is $1.53 and its 200-day moving average is $1.64. The company has a market cap of $3.35 million, a price-to-earnings ratio of -0.54 and a beta of 0.76. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.03. ZW Data Action Technologies has a one year low of $1.35 and a one year high of $4.53.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of ZW Data Action Technologies in a research note on Thursday, May 15th. They issued a “sell” rating for the company.

About ZW Data Action Technologies

ZW Data Action Technologies Inc, through its subsidiaries, offers omni-channel advertising, precision marketing, and data analysis management systems in the People’s Republic of China. The company 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.