News headlines about Pingtan Marine Enterprise (NASDAQ:PME) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pingtan Marine Enterprise earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.0274993101412 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Pingtan Marine Enterprise traded up $0.16, hitting $3.37, during mid-day trading on Monday, MarketBeat Ratings reports. The company’s stock had a trading volume of 117,008 shares, compared to its average volume of 97,810. Pingtan Marine Enterprise has a 52-week low of $1.99 and a 52-week high of $4.50. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.69 and a quick ratio of 0.53. The stock has a market capitalization of $266.02 million, a P/E ratio of 11.60 and a beta of 0.95.
Pingtan Marine Enterprise (NASDAQ:PME) last posted its quarterly earnings data on Wednesday, March 14th. The company reported $0.06 EPS for the quarter. The company had revenue of $16.39 million during the quarter. Pingtan Marine Enterprise had a return on equity of 16.00% and a net margin of 30.12%.
Separately, BidaskClub upgraded Pingtan Marine Enterprise from a “hold” rating to a “buy” rating in a research note on Thursday, April 12th.
In other news, CEO Xinrong Zhuo acquired 50,000 shares of Pingtan Marine Enterprise stock in a transaction that occurred on Thursday, May 17th. The stock was bought at an average price of $3.66 per share, for a total transaction of $183,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 56.30% of the stock is currently owned by corporate insiders.
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, croaker fish, pomfret, Spanish mackerel, Reefcod, conger eel, and squid 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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