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Globe Newswire (Tue, 18-Aug 4:05 PM ET)
ZW Data Action Technologies Inc provides one-stop services for clients on its Omni-channel advertising, precision marketing, influencer marketing and data analysis management system. It also develops block-chain enabled web/mobile applications and provides Software-as-a-Service services for clients. In addition, it provides intellectual property licensing services. The company derives revenue from distributing the right to use search engine marketing service it purchased from key search engines to increase the sales conversion rate for clients business promotion on both mobile and computer searches; providing internet advertising and related marketing services for clients businesses; providing intellectual property licensing services; and providing Blockchain-based SaaS Services.
ZW Data Action Technologies trades on the NASDAQ stock market under the symbol CNET.
As of September 9, 2026, CNET stock price climbed to $1.30 with 7,830 million shares trading.
CNET has a beta of 2.88, meaning it tends to be more sensitive to market movements. CNET has a correlation of 0.09 to the broad based SPY ETF.
CNET has a market cap of $4.77 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, CNET traded as high as $5.04 and as low as $.57.
CNET has underperformed the market in the last year with a price return of -11.7% while the SPY ETF gained +18.7%. However, in the short term, CNET had mixed performance relative to the market. It has outperformed in the last 3 months, returning +83.0% vs +3.4% return in SPY. But in the last 2 weeks, CNET shares have been beat by the market, returning -7.8% compared to an SPY return of -0.5%.
CNET support price is $1.10 and resistance is $1.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CNET shares will trade within this expected range on the day.