Press coverage about Pingtan Marine Enterprise (NASDAQ:PME) has been trending somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog 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 media sentiment score of 0.24 on Accern’s scale. Accern also assigned news articles about the company an impact score of 47.8379000547292 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Separately, BidaskClub upgraded shares of Pingtan Marine Enterprise from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th.
Pingtan Marine Enterprise stock traded up $0.11 during midday trading on Friday, reaching $3.33. 158,674 shares of the company traded hands, compared to its average volume of 38,307. The company has a market cap of $263.25, a price-to-earnings ratio of 8.76 and a beta of 0.99. Pingtan Marine Enterprise has a 12 month low of $1.99 and a 12 month high of $5.08. The company has a quick ratio of 0.47, a current ratio of 0.57 and a debt-to-equity ratio of 0.12.
Pingtan Marine Enterprise Company Profile
Pingtan Marine Enterprise Ltd. engages in the ocean fishing business. The company harvests a range of fish species, such as ribbon fish, Indian white shrimp, croaker fish, pomfret, Spanish mackerel, conger eel, squid, and red snapper 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.
Receive News & Ratings for Pingtan Marine Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pingtan Marine Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.