Pingtan Marine Enterprise (PME) Receiving Somewhat Favorable Media Coverage, Accern Reports
Headlines about Pingtan Marine Enterprise (NASDAQ:PME) have been trending somewhat positive on Monday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pingtan Marine Enterprise earned a news impact score of 0.14 on Accern’s scale. Accern also gave news articles about the company an impact score of 47.7189233142217 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
- Pingtan Marine Enterprise Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2017 (finance.yahoo.com)
- What Investors Should Know About Pingtan Marine Enterprise Ltd’s (PME) Financial Strength (finance.yahoo.com)
- Pingtan Marine posts 3Q profit (finance.yahoo.com)
- Pingtan Marine Enterprise Ltd. to Host Earnings Call (finance.yahoo.com)
Pingtan Marine Enterprise (PME) traded up $0.20 during trading hours on Monday, reaching $3.05. 144,800 shares of the company’s stock were exchanged, compared to its average volume of 103,964. The firm has a market cap of $241.12, a P/E ratio of 7.63 and a beta of 0.93. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.60 and a quick ratio of 0.55. Pingtan Marine Enterprise has a twelve month low of $1.00 and a twelve month high of $5.18.
In other news, CEO Xinrong Zhuo bought 20,000 shares of the firm’s stock in a transaction on Friday, September 22nd. The stock was acquired at an average price of $3.38 per share, with a total value of $67,600.00. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 56.30% of the company’s stock.
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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