Should You Buy ZW Data Action Technologies Inc (CNET) Stock on Wednesday?

ZW Data Action Technologies Inc (CNET) stock has fallen 25.33% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

ZW Data Action Technologies Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CNET!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CNET Stock Today?

ZW Data Action Technologies Inc (CNET) stock is flat -0.29% while the S&P 500 has gained 2.41% as of 3:24 PM on Wednesday, Nov 30. CNET is unchanged $0.00 from the previous closing price of $0.56 on volume of 258,302 shares. Over the past year the S&P 500 has fallen -12.94% while CNET is lower by -52.94%. CNET lost -$0.18 per share in the over the last 12 months. To screen for more stocks like ZW Data Action Technologies Inc click here.

More About ZW Data Action Technologies Inc

ZW Data Action Technologies Inc is engaged in providing Internet advertising, precision marketing, e-commerce online to offline (O2O) advertising and marketing services as well as the related data and technical services to small and medium enterprises in the PRC. It offers a variety channels of advertising and marketing services through its system, including distribution of the right to use search engine marketing services, provision of online advertising placements on its web portals, provision of ecommerce O2O advertising and marketing services and provision of other related value-added data and technical services to maximize market exposure and effectiveness for clients. It also engages in blockchain industry and its platform will support two blockchain-powered Apps: BO!News and OMG. Click Here to get the full Stock Report for ZW Data Action Technologies Inc stock.