A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. ZW Data Action Technologies Inc’s current trading price is -66.34% away from its 52-week high, while its distance from the 52-week low is 37.39%. The stock’s price range for this time frame has been between $1.11 and $4.53. The trading volume of the company’s shares in the Communication Services reached around 7.68 million for the day, which was evidently higher than the average daily volume of 72710.0 over the last three months.
ZW Data Action Technologies Inc’s stock market performance has been somewhat irregular.
How Financial Performance Impacts Market Capitalization
ZW Data Action Technologies Inc (CNET) has experienced a quarterly rise of 3.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.51M and boasts a workforce of 25 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How CNET’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CNET stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.05.
CNET Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded a decrease of -15.28%. However, over the last six months, the performance has been stronger by -16.67%. The price of CNET decreased -6.44% over the last 30 days. And in the last five days, it has surged by 9.32%.
