Featured Volatile Stock: ZW Data Action Technologies Inc. (NASDAQ:CNET)

ZW Data Action Technologies Inc. (NASDAQ:CNET) with the stream of 65.68% in the last hour of trading session.

ZW Data Action Technologies Inc. (CNET) shares jumped 65.68% to close at $3.09. About 202,776,256 million shares traded hands on 5.85M trades for the day, compared with an average daily volume of 5.85M shares out of a total float of 20.19M. After opening the trading day at $2.69, shares of ZW Data Action Technologies Inc. stayed within a range of $2.63 to $4.75.

With today’s gains, ZW Data Action Technologies Inc. now has a market cap of $48.61M. Shares of ZW Data Action Technologies Inc. have been trading within a range of $0.54 and $4.75 over the last year, and it had a 50-day SMA of $113.43% and a 200-day SMA of $157.29%.

ZW Data Action Technologies Inc., through its subsidiaries, provides omni-channel advertising, precision marketing, and data analysis services in the People’s Republic of China. It offers Internet advertising, precision marketing, and related data and value added 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; and distributes television shows comprising advertisements. The company is also involved in the technical services; and research and development, and other technical support services for the block chain business. 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.

The PEG ratio is used to determine a stock’s value while taking the company’s earnings growth into account, and is considered to provide a more complete picture than the P/E ratio. Last traded has a PEG ratio of 0 where as its P/E ratio was 0. The overall volume in the last trading session was 202,776,256 shares.

Important Results:

ZW Data Action Technologies Inc. has P/S value of 1.06 while its P/B esteem remains at 7.36. Likewise, the company has Return on Assets of -22.30%, Return on Equity of -37.00% and Return on Investment of -14.50%. The company demonstrates Gross Margin and Operating Margin of 9.50% and -9.00% respectively.

CNET’s price to sales ratio for trailing twelve months was 1.06 and price to book ratio for most recent quarter was 7.36, whereas price to cash per share for the most recent quarter was 97.21. The Company’s price to free cash flow for trailing twelve months was recorded as 162.02.

Historical Performances to Consider:

The Stock’s performances for Monthly, weekly, half-yearly, quarterly & year-to-date are mentioned below:-

On a Monthly basis the stock was 111.64%. On a weekly basis, the stock remained 128.89%. The half-yearly performance for the stock has 183.51%, while the quarterly performance was 101.96%. Looking further out we can see that the stock has moved 128.89% over the year to date. Other technical indicators are worth considering in assessing the prospects for EQT. RSI for instance was stand at 85.22.

Jake Charles

About Jake Charles

This is Jake Charles, a Senior News Writer for “Stocks Equity”. I covers “Active Stocks” sector and writes about trending Active Hot companies from an exclusive and “out of the box” perspective. I worked independently as a self motivator and with the financial institute as financial adviser to invest in the Active sector for over 9 years in the developing countries by introducing new phases and ways to improve in this sector. I like to travel all over the globe to get new experience and provide by best services to the companies. As an advisor I like to work with new people to share and explore new ideas keeping in view minimizing the operating cost and giving the best final product through new technology and minimizing the time of development.

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