Media coverage about China Mobile (Hong Kong) (NYSE:CHL) has been trending somewhat positive recently, Accern reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. China Mobile (Hong Kong) earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave news headlines about the Wireless communications provider an impact score of 46.3083266096735 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news headlines that may have impacted Accern’s analysis:

China Mobile (NYSE:CHL) traded up 0.22% during midday trading on Tuesday, reaching $53.43. The company had a trading volume of 658,750 shares. The stock has a market capitalization of $218.80 billion, a price-to-earnings ratio of 13.18 and a beta of 0.30. China Mobile has a one year low of $51.30 and a one year high of $63.26. The company has a 50-day moving average price of $54.07 and a 200-day moving average price of $54.66.

The firm also recently disclosed a special dividend, which will be paid on Tuesday, October 10th. Investors of record on Thursday, August 31st will be paid a $2.0457 dividend. This is an increase from China Mobile (Hong Kong)’s previous special dividend of $0.77. The ex-dividend date is Tuesday, August 29th. This represents a yield of 3.73%.

Several equities research analysts recently commented on CHL shares. Zacks Investment Research raised China Mobile (Hong Kong) from a “hold” rating to a “buy” rating and set a $63.00 target price for the company in a research note on Monday. BidaskClub cut China Mobile (Hong Kong) from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Finally, Morgan Stanley cut China Mobile (Hong Kong) from an “overweight” rating to an “underweight” rating in a research note on Wednesday, July 5th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $63.00.

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About China Mobile (Hong Kong)

China Mobile Limited is an investment holding company principally engaged in telecommunication and related businesses. Its main businesses include Mobile businesses, Wireline Broadband businesses and Internet of Things (IoT) businesses. Mobile businesses include two categories of services. Voice services include local calls, domestic and international long distance calls, roaming services and voice value-added services.

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