Somewhat Favorable News Coverage Somewhat Unlikely to Affect Pingtan Marine Enterprise (PME) Share Price
News headlines about Pingtan Marine Enterprise (NASDAQ:PME) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pingtan Marine Enterprise earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.5375723662875 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Pingtan Marine Enterprise (NASDAQ:PME) traded up 1.50% on Friday, reaching $3.38. 111,686 shares of the company traded hands. The company has a market capitalization of $267.21 million, a PE ratio of 18.47 and a beta of 1.00. Pingtan Marine Enterprise has a one year low of $0.84 and a one year high of $5.18. The firm has a 50-day moving average price of $3.54 and a 200 day moving average price of $3.92.
Pingtan Marine Enterprise (NASDAQ:PME) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $35.70 million for the quarter. Pingtan Marine Enterprise had a net margin of 22.89% and a return on equity of 9.62%. Equities analysts forecast that Pingtan Marine Enterprise will post $1.39 EPS for the current fiscal year.
The company also recently disclosed a special dividend, which was paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th were issued a dividend of $0.01 per share. This represents a yield of 0.96%. The ex-dividend date was Thursday, July 27th. Pingtan Marine Enterprise’s dividend payout ratio is 25.00%.
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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.
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