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 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. The company also develops and operates blockchain technology-based products and services. In addition, it provides other e-commerce online to offline advertising and marketing and related value-added technical services, as well as strategic corporation management services. The company was formerly known as ChinaNet Online Holdings, Inc. and changed its name to ZW Data Action Technologies Inc. in October 2020. ZW Data Action Technologies Inc. was founded in 2003 and is headquartered in Beijing, the People's Republic of China.
ZW Data Action Technologies Trading Up 1.0 %
NASDAQ:CNET traded up $0.01 on Friday, hitting $1.04. 234,372 shares of the company were exchanged, compared to its average volume of 727,110. ZW Data Action Technologies has a twelve month low of $0.28 and a twelve month high of $1.73. The company's 50 day moving average price is $0.54 and its 200-day moving average price is $0.58. The firm has a market capitalization of $36.85 million, a P/E ratio of -8.67 and a beta of 1.98. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.48 and a quick ratio of 2.48.
ZW Data Action Technologies (NASDAQ:CNET - Get Rating) last issued its quarterly earnings results on Tuesday, May 17th. The business services provider reported ($0.02) EPS for the quarter. ZW Data Action Technologies had a negative net margin of 8.92% and a negative return on equity of 19.09%. The firm had revenue of $7.65 million during the quarter.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on ZW Data Action Technologies in a report on Tuesday. They issued a "sell" rating on the stock.