ZW Data Action Technologies Reports First Quarter 2023 Unaudited Financial Results
CNET Stock | USD 1.60 0.07 4.19% |
Slightly above 56% of all ZW Data's private investors are looking to take a long position. The current sentiment regarding investing in ZW Data Action stock implies that some traders are interested. ZW Data's investing sentiment can be driven by a variety of factors including economic data, ZW Data's earnings reports, geopolitical events, and overall market trends.
CNET |
BEIJING, May 22, 2023 ZW Data Action Technologies Inc. , an integrated online advertising, precision marketing, data analytics and other value-added services provider serving enterprise clients, today announced its unaudited financial results for the three months ended March 31, 2023. First Quarter 2023 Financial Results Revenues For the first quarter of 2023, revenues decreased by approximately 1.34 million, or 17.5, to 6.32 million from 7.6
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ZW Data Investor Sentiment by Other News Outlets
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ZW Data Fundamental Analysis
We analyze ZW Data's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ZW Data using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ZW Data based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Owned By Institutions
Shares Owned By Institutions Comparative Analysis
ZW Data is currently under evaluation in shares owned by institutions category among its peers. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
ZW Data Action Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ZW Data stock to make a market-neutral strategy. Peer analysis of ZW Data could also be used in its relative valuation, which is a method of valuing ZW Data by comparing valuation metrics with similar companies.
Peers
ZW Data Related Equities
CYGIY | CyberAgent | 0.00 |
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QNST | QuinStreet | 0.04 |
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FLNT | Fluent | 0.36 |
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DRCT | Direct Digital | 0.83 |
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MGOL | MGO Global | 1.27 |
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Additional Tools for CNET Stock Analysis
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