China Unicom (Hong Kong) (CHU) Receiving Somewhat Favorable Media Coverage, Accern Reports

Headlines about China Unicom (Hong Kong) (NYSE:CHU) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. China Unicom (Hong Kong) earned a coverage optimism score of 0.23 on Accern’s scale. Accern also gave news articles about the Wireless communications provider an impact score of 45.8847287899732 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.

China Unicom (NYSE:CHU) traded down $0.38 during trading hours on Friday, hitting $11.88. The company had a trading volume of 348,202 shares, compared to its average volume of 356,170. The company has a current ratio of 0.32, a quick ratio of 0.29 and a debt-to-equity ratio of 0.07. China Unicom has a 12 month low of $11.88 and a 12 month high of $16.55.

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CHU has been the topic of a number of research analyst reports. Zacks Investment Research upgraded China Unicom (Hong Kong) from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research report on Wednesday, January 24th. CLSA upgraded China Unicom (Hong Kong) from an “underperform” rating to a “buy” rating in a research report on Thursday, January 11th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $14.00.

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About China Unicom (Hong Kong)

China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company’s businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services and wireless Internet access card, as well as new value-added services such as mobile music, mobile television and Wo portal services.

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