Pingtan Marine Enterprise Ltd (NASDAQ:PME) was the target of a large decline in short interest in June. As of June 30th, there was short interest totalling 21,300 shares, a decline of 31.5% from the May 30th total of 31,100 shares. Based on an average daily trading volume, of 20,300 shares, the short-interest ratio is presently 1.0 days. Currently, 0.1% of the shares of the company are sold short.
Pingtan Marine Enterprise stock traded down $0.04 during mid-day trading on Thursday, reaching $2.43. The company’s stock had a trading volume of 1,900 shares, compared to its average volume of 23,145. Pingtan Marine Enterprise has a 12-month low of $1.71 and a 12-month high of $3.00. The firm has a market cap of $195.27 million, a P/E ratio of 8.75 and a beta of 0.18. The company has a quick ratio of 1.01, a current ratio of 1.12 and a debt-to-equity ratio of 0.61. The stock has a fifty day moving average of $2.32.
Pingtan Marine Enterprise Company Profile
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