PLDT (PHI) Upgraded to Neutral at Bank of America
Other equities analysts have also issued reports about the stock. Zacks Investment Research upgraded shares of PLDT from a sell rating to a hold rating in a report on Wednesday, October 11th. Citigroup upgraded shares of PLDT from a sell rating to a neutral rating in a report on Wednesday, December 6th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of Hold.
PLDT (NYSE:PHI) traded up $0.04 during trading hours on Thursday, reaching $30.00. 172,096 shares of the company’s stock traded hands, compared to its average volume of 95,232. The company has a quick ratio of 0.53, a current ratio of 0.55 and a debt-to-equity ratio of 1.35. The firm has a market cap of $6,293.71, a price-to-earnings ratio of 10.63, a price-to-earnings-growth ratio of 0.79 and a beta of 0.94. PLDT has a 12 month low of $25.80 and a 12 month high of $38.54.
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PLDT Company Profile
PLDT, Inc, formerly Philippine Long Distance Telephone Company (PLDT), is a telecommunications service provider in the Philippines. The Company operates through three business segments: Wireless, Fixed Line and Others. The Company, through its business segments, offers a range of telecommunications services across the Philippines’ fiber optic backbone and wireless and fixed line networks.
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