Somewhat Positive News Coverage Somewhat Unlikely to Affect Pingtan Marine Enterprise (PME) Stock Price

Media coverage about Pingtan Marine Enterprise (NASDAQ:PME) has been trending somewhat positive on Sunday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pingtan Marine Enterprise earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.8536585856107 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Pingtan Marine Enterprise (NASDAQ:PME) opened at $2.88 on Friday. The stock has a market capitalization of $228.47, a PE ratio of 7.20 and a beta of 0.91. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.55 and a current ratio of 0.60. Pingtan Marine Enterprise has a 12 month low of $1.36 and a 12 month high of $5.18.

The business also recently declared a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Thursday, November 30th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $0.04 dividend on an annualized basis and a yield of 1.39%. Pingtan Marine Enterprise’s dividend payout ratio (DPR) is currently 10.00%.

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About Pingtan Marine Enterprise

Pingtan Marine Enterprise Ltd. is a marine enterprises company. The Company is primarily engaging in ocean fishing through its operating subsidiary, Fujian Provincial Pingtan County Ocean Fishing Group Co, Ltd. (Pingtan Fishing). The Company harvests a range of fish species 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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