ZW Data Action Technologies Inc (NASDAQ:CNET) does about 154.71K shares in volume on a normal day but saw 2489524 shares change hands in the recent trading day. The company now has a market cap of 7.92M USD. Its current market price is $4.40, marking an increase of 36.65% compared to the previous close of $3.22. The 52 week high reached by this stock is $5.04 whilst the lowest price level in 52 weeks is $1.61.
ZW Data Action Technologies Inc (CNET) has a 20-day trading average at $2.3200 and the current price is -12.70% off the 52-week high compared with 174.04% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.6500 and its 200-day simple moving average is $3.3400. If we look at the stock’s price movements over the week, volatility stands at 40.03%, which decreases to 20.47% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 79.17 to suggest the stock is overbought.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 22, 2011 when Ladenburg Thalmann initiated the stock to “Buy” and issued a price target of $7.
The current price level is 98.09%, 67.36%, and 31.93% away from its SMA20, SMA50, and SMA200 respectively, with the CNET price moving below the 50-day SMA on current market day. ZW Data Action Technologies Inc (CNET) stock is up 100.04% over the week and 81.73% over the past month. Its price is 32.53% year-to-date and 27.54% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
The company has a return on investment of -83.84% and return on equity of -59.84%. The beta has a value of 0.52. Price to book ratio is 1.51 and price to sales ratio is 0.32.
