Pingtan Marine Enterprise Ltd., through its subsidiary, Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd., engages in the ocean fishing business. The company harvests a range of fish species, such as ribbon and croaker fish, Peru squid, Argentina squid, sailfish, chub mackerel, cuttlefish, and pomfret with its owned and licensed vessels operating within the Indian Exclusive Economic Zone, the Arafura Sea of Indonesia, the international waters of Atlantic and Pacific Oceans, and the international waters of Indian Ocean. As of December 31, 2018, it owned 66 trawlers, 13 drifters, 18 squid jigging vessels, 4 longline fishing vessels, and 10 light luring seine vessels, as well as had operating license rights to 20 drifters. The company serves various customers, including distributors, restaurant owners, and exporters in the People's Republic of China. Pingtan Marine Enterprise Ltd. is based in Fuzhou, the People's Republic of China.
Industry, Sector and Symbol
Industry Fishing, hunting & trapping
Sub-IndustryN/A
SectorTransportation
Phone86-591-8727-1266
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$64.26 million
Profitability
Miscellaneous
Employees876
Next Earnings Date3/20/2020 (Estimated)
OptionableNot Optionable
Pingtan Marine Enterprise (NASDAQ:PME) Frequently Asked Questions
What is Pingtan Marine Enterprise's stock symbol?
Pingtan Marine Enterprise trades on the NASDAQ under the ticker symbol "PME."
How were Pingtan Marine Enterprise's earnings last quarter?
Pingtan Marine Enterprise Ltd (NASDAQ:PME) issued its earnings results on Monday, August, 10th. The company reported ($0.02) EPS for the quarter. The company had revenue of $15.30 million for the quarter, compared to analysts' expectations of $59 million. Pingtan Marine Enterprise had a return on equity of 9.91% and a net margin of 4.62%. View Pingtan Marine Enterprise's Earnings History.
When is Pingtan Marine Enterprise's next earnings date?
Has Pingtan Marine Enterprise been receiving favorable news coverage?
News stories about PME stock have trended very negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pingtan Marine Enterprise earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Pingtan Marine Enterprise.
Are investors shorting Pingtan Marine Enterprise?
Pingtan Marine Enterprise saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 5,000 shares, a drop of 55.8% from the January 15th total of 11,300 shares. Based on an average daily volume of 17,700 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold. View Pingtan Marine Enterprise's Current Options Chain.
Who are some of Pingtan Marine Enterprise's key competitors?
Some companies that are related to Pingtan Marine Enterprise include Teekay (TK), Willis Lease Finance (WLFC), Genco Shipping & Trading (GNK), Green Plains Partners (GPP), US Xpress Enterprises (USX), P.A.M. Transportation Services (PTSI), Covenant Transportation Group (CVTI), USD Partners (USDP), Daseke (DSKE), Roadrunner Transportation Systems (RRTS), TSAKOS ENERGY N/SH (TNP), Mesa Air Group (MESA), Scorpio Bulkers (SALT), Diana Shipping (DSX) and Eagle Bulk Shipping (EGLE).
What other stocks do shareholders of Pingtan Marine Enterprise own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Pingtan Marine Enterprise investors own include Kratos Defense & Security Solutions (KTOS), Bombardier, Inc. Class B (BBD.B), Catalyst Pharmaceuticals (CPRX), Energy Transfer LP Unit (ET), IBM (IBM), AT&T (T), Exxon Mobil (XOM), Acer Therapeutics (ACER), Acorda Therapeutics (ACOR) and Addus Homecare (ADUS).
Who are Pingtan Marine Enterprise's key executives?
Pingtan Marine Enterprise's management team includes the folowing people:
- Mr. Xinrong Zhuo, Chairman & CEO (Age 55)
- Mr. Yang Yu, CFO & Sec. (Age 37)
How do I buy shares of Pingtan Marine Enterprise?
Shares of PME can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Pingtan Marine Enterprise's stock price today?
One share of PME stock can currently be purchased for approximately $1.25.
How big of a company is Pingtan Marine Enterprise?
What is Pingtan Marine Enterprise's official website?
How can I contact Pingtan Marine Enterprise?
Pingtan Marine Enterprise's mailing address is 18-19/F ZHONGSHAN BUILDING A NO. 154 HUDONG ROAD, FUZHOU F4, 350001. The company can be reached via phone at 86-591-8727-1266 or via email at [email protected]
MarketBeat Community Rating for Pingtan Marine Enterprise (NASDAQ PME)
MarketBeat's community ratings are surveys of what our community members think about Pingtan Marine Enterprise and other stocks. Vote "Outperform" if you believe PME will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PME will underperform the S&P 500 over the long term. You may vote once every thirty days.
