Pingtan Marine Enterprise (PME) Set to Announce Quarterly Earnings on Wednesday

Pingtan Marine Enterprise (NASDAQ:PME) is set to issue its quarterly earnings data after the market closes on Wednesday, March 14th.

Shares of Pingtan Marine Enterprise (NASDAQ PME) opened at $3.21 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.60 and a quick ratio of 0.55. The company has a market capitalization of $252.97, a PE ratio of 8.00 and a beta of 0.93. Pingtan Marine Enterprise has a 52-week low of $1.99 and a 52-week high of $5.08.

The company also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Tuesday, February 6th were given a $0.01 dividend. The ex-dividend date was Monday, February 5th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.25%. Pingtan Marine Enterprise’s dividend payout ratio is currently 10.00%.

Separately, BidaskClub downgraded Pingtan Marine Enterprise from a “hold” rating to a “sell” rating in a research report on Saturday, January 20th.

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About Pingtan Marine Enterprise

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.

Earnings History for Pingtan Marine Enterprise (NASDAQ:PME)

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