tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ZW Data Action Technologies Issues New Restricted Shares

Story Highlights
ZW Data Action Technologies Issues New Restricted Shares

Meet Your ETF AI Analyst

ZW Data Action Technologies ( (CNET) ) has shared an update.

On October 1, 2025, ZW Data Action Technologies Inc. issued 608,800 restricted shares of common stock to various investors, including accredited and non-US persons and entities. The shares were sold at $2.10 each, generating approximately $1,278,480 in gross proceeds, potentially impacting the company’s financial position and market engagement.

Spark’s Take on CNET Stock

According to Spark, TipRanks’ AI Analyst, CNET is a Underperform.

ZW Data Action Technologies is struggling with severe financial instability, marked by declining revenues and consistent losses. The technical analysis suggests a lack of upward momentum, while valuation metrics highlight the risks due to negative earnings. Without clear signs of improvement in financial performance or positive corporate developments, the stock remains highly risky.

To see Spark’s full report on CNET stock, click here.

More about ZW Data Action Technologies

Average Trading Volume: 167,744

Technical Sentiment Signal: Hold

Current Market Cap: $6.13M

See more insights into CNET stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1