Pingtan Marine Enterprise (PME) Earns Daily Media Sentiment Rating of 0.02
Press coverage about Pingtan Marine Enterprise (NASDAQ:PME) has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pingtan Marine Enterprise earned a coverage optimism score of 0.02 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.5831012435906 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Pingtan Marine Enterprise (PME) traded down 9.15% during mid-day trading on Friday, reaching $2.88. 220,068 shares of the company’s stock traded hands. The stock has a market cap of $227.68 million, a PE ratio of 15.74 and a beta of 1.00. 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 has a 12 month low of $0.84 and a 12 month high of $5.18.
Pingtan Marine Enterprise (NASDAQ:PME) last issued its quarterly earnings data on Wednesday, August 9th. The company reported $0.11 earnings per share for the quarter. Pingtan Marine Enterprise had a net margin of 22.89% and a return on equity of 9.62%. The business had revenue of $35.70 million during the quarter. On average, analysts predict that Pingtan Marine Enterprise will post $1.39 earnings per share for the current fiscal year.
The company also recently announced a special dividend, which was paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th were given a $0.01 dividend. This represents a dividend yield of 0.96%. The ex-dividend date of this dividend was Thursday, July 27th. Pingtan Marine Enterprise’s payout ratio is presently 25.00%.
In other news, CEO Xinrong Zhuo bought 20,000 shares of the company’s stock in a transaction dated Friday, September 22nd. The stock was bought at an average cost of $3.38 per share, for a total transaction of $67,600.00. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 56.20% of the stock is currently owned by insiders.
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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