Somewhat Positive Media Coverage Somewhat Unlikely to Affect Chunghwa Telecom (CHT) Stock Price
News headlines about Chunghwa Telecom (NYSE:CHT) have been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Chunghwa Telecom earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 45.7517354745733 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Separately, BidaskClub raised Chunghwa Telecom from a “sell” rating to a “hold” rating in a report on Saturday, August 26th.
Chunghwa Telecom (CHT) traded up $0.13 during trading hours on Wednesday, reaching $35.11. The company had a trading volume of 104,190 shares, compared to its average volume of 195,575. The firm has a market capitalization of $27,040.00, a price-to-earnings ratio of 22.03, a P/E/G ratio of 3.99 and a beta of 0.31. Chunghwa Telecom has a 1 year low of $31.28 and a 1 year high of $36.37.
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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