Chinanet Online (NASDAQ:CNET) Stock Crosses Above 200 Day Moving Average of $1.45

Shares of Chinanet Online Holdings Inc (NASDAQ:CNET) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.45 and traded as high as $1.30. Chinanet Online shares last traded at $1.26, with a volume of 5,078 shares changing hands.

The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.02. The company’s 50-day moving average is $1.34 and its 200 day moving average is $1.45.

Chinanet Online (NASDAQ:CNET) last released its quarterly earnings results on Tuesday, August 20th. The business services provider reported ($0.02) EPS for the quarter. The firm had revenue of $15.45 million for the quarter. Chinanet Online had a negative net margin of 11.13% and a negative return on equity of 59.94%.

Chinanet Online Company Profile (NASDAQ:CNET)

ChinaNet Online Holdings, Inc, through its subsidiaries, operates an integrated service platform that provides advertising and marketing services in the People's Republic of China. Its platform comprises CloundX, an omni-channel advertising and marketing system; and a data analysis management system.

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