Somewhat Positive News Coverage Somewhat Unlikely to Impact Chunghwa Telecom (CHT) Share Price

Headlines about Chunghwa Telecom (NYSE:CHT) have been trending somewhat positive recently, Accern reports. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Chunghwa Telecom earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 45.6796108731306 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Chunghwa Telecom (NYSE CHT) traded up $0.07 during midday trading on Friday, hitting $35.13. 229,322 shares of the stock were exchanged, compared to its average volume of 100,482. The company has a market capitalization of $27,251.92, a PE ratio of 22.09, a price-to-earnings-growth ratio of 4.00 and a beta of 0.30. Chunghwa Telecom has a 52 week low of $31.28 and a 52 week high of $36.37.

Separately, BidaskClub raised shares of Chunghwa Telecom from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th.

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Chunghwa Telecom Company Profile

Chunghwa Telecom Co, Ltd. provides telecommunication services. The Company’s segments include Domestic fixed communications business, which is engaged in the provision of local telephone services, domestic long distance telephone services, broadband access and related services; Mobile communications business, which is engaged in the provision of mobile services, sales of mobile handsets and data cards, and related services; Internet business, which is engaged in the provision of HiNet services and related services; International fixed communications business, which includes international long distance telephone services, international leased line services, international data services, satellite services, and information and communication technology (ICT) and other international services, and Others, which is engaged in the provision of non-telecom services.

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