ZW Data Action Technologies Inc (NASDAQ: CNET): Reassessing Prospects

ZW Data Action Technologies Inc (CNET) concluded trading on Wednesday at a closing price of $1.76, with 9.0 million shares of worth about $15.85 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.83% during that period and on June 11, 2025 the price saw a gain of about 39.13%. Currently the company’s common shares owned by public are about 2.30M shares, out of which, 1.97M shares are available for trading.

Stock saw a price change of 26.16% in past 5 days and over the past one month there was a price change of 7.98%. Year-to-date (YTD), CNET shares are showing a performance of -2.22% which decreased to -48.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.11 but also hit the highest price of $4.53 during that period. The average intraday trading volume for ZW Data Action Technologies Inc shares is 213.23K. The stock is currently trading 26.21% above its 20-day simple moving average (SMA20), while that difference is up 18.12% for SMA50 and it goes to -0.78% lower than SMA200.

ZW Data Action Technologies Inc (NASDAQ: CNET) currently have 2.30M outstanding shares and institutions hold larger chunk of about 1.75% of that.

The stock has a current market capitalization of $4.05M and its 3Y-monthly beta is at 0.61. It has posted earnings per share of -$1.75 in the same period. It has Quick Ratio of 1.35 while making debt-to-equity ratio of 0.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CNET, volatility over the week remained 17.37% while standing at 9.11% over the month.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Ladenburg Thalmann on February 22, 2011 offering a Buy rating for the stock and assigned a target price of $7 to it.

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