Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Chunghwa Telecom (CHT) Stock Price
News stories about Chunghwa Telecom (NYSE:CHT) have trended somewhat positive recently, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Chunghwa Telecom earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media coverage about the utilities provider an impact score of 44.9026258563095 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Chunghwa Telecom (CHT) traded up $0.15 during trading on Monday, reaching $34.60. 29,800 shares of the company’s stock traded hands, compared to its average volume of 200,118. The firm has a market capitalization of $26,840.78, a price-to-earnings ratio of 21.76 and a beta of 0.29. Chunghwa Telecom has a 12-month low of $31.28 and a 12-month high of $36.37.
Separately, BidaskClub upgraded shares of Chunghwa Telecom from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th.
About Chunghwa Telecom
Chunghwa Telecom Co, Ltd. provides telecommunication services. The Company’s segments include Domestic fixed communications business, which is engaged in the provision of local telephone services, domestic long distance telephone services, broadband access and related services; Mobile communications business, which is engaged in the provision of mobile services, sales of mobile handsets and data cards, and related services; Internet business, which is engaged in the provision of HiNet services and related services; International fixed communications business, which includes international long distance telephone services, international leased line services, international data services, satellite services, and information and communication technology (ICT) and other international services, and Others, which is engaged in the provision of non-telecom services.
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