Pingtan Marine Enterprise (PME) Receiving Somewhat Positive News Coverage, Analysis Shows

News headlines about Pingtan Marine Enterprise (NASDAQ:PME) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pingtan Marine Enterprise earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the company an impact score of 47.6876833844836 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of Pingtan Marine Enterprise (NASDAQ:PME) traded up $0.02 during trading hours on Friday, reaching $3.19. The company’s stock had a trading volume of 84,824 shares, compared to its average volume of 121,525. The firm has a market cap of $252.98, a PE ratio of 8.00 and a beta of 0.93. The company has a current ratio of 0.60, a quick ratio of 0.55 and a debt-to-equity ratio of 0.14. Pingtan Marine Enterprise has a 52-week low of $1.21 and a 52-week high of $5.18.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend is Wednesday, November 29th. Pingtan Marine Enterprise’s dividend payout ratio (DPR) is 10.00%.

In other Pingtan Marine Enterprise news, CEO Xinrong Zhuo acquired 20,000 shares of the firm’s stock in a transaction dated Friday, September 22nd. The shares were acquired at an average price of $3.38 per share, for a total transaction of $67,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 56.30% of the stock is owned by company insiders.

COPYRIGHT VIOLATION WARNING: “Pingtan Marine Enterprise (PME) Receiving Somewhat Positive News Coverage, Analysis Shows” was originally reported by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this story on another domain, it was copied illegally and republished in violation of international trademark and copyright legislation. The legal version of this story can be viewed at https://sportsperspectives.com/2017/11/19/pingtan-marine-enterprise-pme-receiving-somewhat-positive-news-coverage-analysis-shows.html.

Pingtan Marine Enterprise Company Profile

Pingtan Marine Enterprise Ltd. is a marine enterprises company. The Company is primarily engaging in ocean fishing through its operating subsidiary, Fujian Provincial Pingtan County Ocean Fishing Group Co, Ltd. (Pingtan Fishing). The Company harvests a range of fish species with its owned and licensed vessels operating within the Indian Exclusive Economic Zone, Indo-Pacific waters, the Arafura Sea of Indonesia, and international waters of Atlantic and Pacific Oceans.

Insider Buying and Selling by Quarter for Pingtan Marine Enterprise (NASDAQ:PME)

Receive News & Ratings for Pingtan Marine Enterprise Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pingtan Marine Enterprise Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply