Home Online Earning Chinanet Online (NASDAQ:CNET) Earning Somewhat Positive Media Coverage, Analysis Shows

Chinanet Online (NASDAQ:CNET) Earning Somewhat Positive Media Coverage, Analysis Shows

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Media coverage about Chinanet Online (NASDAQ:CNET) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Chinanet Online earned a news impact score of 0.23 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 46.6222494010498 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of Chinanet Online (NASDAQ CNET) opened at $1.09 on Friday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.01. The company has a market cap of $13.45, a price-to-earnings ratio of -2.06 and a beta of -0.61. Chinanet Online has a 1 year low of $0.90 and a 1 year high of $1.99.

Chinanet Online (NASDAQ:CNET) last posted its earnings results on Wednesday, November 15th. The business services provider reported ($0.17) EPS for the quarter. Chinanet Online had a negative return on equity of 29.70% and a negative net margin of 15.48%. The firm had revenue of $13.52 million for the quarter. During the same quarter last year, the firm posted ($0.13) EPS.

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About Chinanet Online

ChinaNet Online Holdings, Inc is a holding company that conducts its primary businesses through its subsidiaries and operating entities (the variable interest entities (VIEs)). The Company is a business-to-businesses (B2B), integrated Internet technology company providing online-to-offline (O2O) sales channel expansion, precision marketing and the related data services for small and medium-sized enterprises, and entrepreneurial management and networking services for entrepreneurs in the People’s Republic of China.

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