News articles about Pingtan Marine Enterprise (NASDAQ:PME) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. 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 0.20 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.8285034912802 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Shares of Pingtan Marine Enterprise (NASDAQ:PME) traded down $0.10 during mid-day trading on Friday, reaching $3.80. 153,222 shares of the company’s stock traded hands, compared to its average volume of 160,681. The firm has a market cap of $308.32, a price-to-earnings ratio of 9.50 and a beta of 0.91. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.55 and a current ratio of 0.60. Pingtan Marine Enterprise has a 52 week low of $1.83 and a 52 week high of $5.18.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Thursday, November 30th were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend was Wednesday, November 29th. Pingtan Marine Enterprise’s dividend payout ratio is currently 10.00%.

Separately, BidaskClub raised shares of Pingtan Marine Enterprise from a “sell” rating to a “hold” rating in a research note on Wednesday.

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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.

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