ZW Data Action Technologies Inc. (NASDAQ:CNET – Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 53,200 shares, a decline of 81.0% from the September 30th total of 280,600 shares. Based on an average daily trading volume, of 212,700 shares, the short-interest ratio is presently 0.3 days. Currently, 2.9% of the shares of the stock are short sold.
ZW Data Action Technologies Price Performance
Shares of NASDAQ CNET traded up $0.04 during trading hours on Friday, hitting $1.84. 41,963 shares of the stock were exchanged, compared to its average volume of 70,567. The company’s fifty day simple moving average is $2.31 and its two-hundred day simple moving average is $2.96. The company has a market cap of $13.26 million, a PE ratio of -2.32 and a beta of 0.55. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.73 and a current ratio of 1.73. ZW Data Action Technologies has a 1-year low of $1.61 and a 1-year high of $5.04.
ZW Data Action Technologies (NASDAQ:CNET – Get Free Report) last released its earnings results on Friday, August 16th. The business services provider reported ($0.12) earnings per share for the quarter. ZW Data Action Technologies had a negative net margin of 18.42% and a negative return on equity of 67.57%. The firm had revenue of $6.42 million for the quarter.
Analyst Upgrades and Downgrades
Read Our Latest Analysis on CNET
ZW Data Action Technologies Company Profile
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.
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