News articles about PLDT (NYSE:PHI) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. 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. PLDT earned a news impact score of 0.16 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 43.6493692731347 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of PLDT (PHI) traded up $0.21 during trading on Wednesday, reaching $29.35. The company had a trading volume of 172,807 shares, compared to its average volume of 97,087. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.53 and a current ratio of 0.55. The company has a market capitalization of $6,289.39, a price-to-earnings ratio of 12.08, a P/E/G ratio of 0.96 and a beta of 0.83. PLDT has a 1 year low of $27.60 and a 1 year high of $38.54.
Several research analysts recently commented on PHI shares. Zacks Investment Research cut PLDT from a “hold” rating to a “sell” rating in a research note on Tuesday, October 24th. Citigroup upgraded PLDT from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 6th. Bank of America raised PLDT from an “underperform” rating to a “neutral” rating in a report on Thursday, December 14th. Finally, JPMorgan Chase & Co. raised PLDT from a “neutral” rating to an “overweight” rating in a report on Friday, January 26th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. PLDT has a consensus rating of “Hold” and an average price target of $33.00.
PLDT Company Profile
PLDT, Inc, formerly Philippine Long Distance Telephone Company (PLDT), is a telecommunications service provider in the Philippines. The Company operates through three business segments: Wireless, Fixed Line and Others. The Company, through its business segments, offers a range of telecommunications services across the Philippines’ fiber optic backbone and wireless and fixed line networks.
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