NASDAQ:PMEPingtan Marine Enterprise Stock Price, Forecast & News

Pingtan Marine Enterprise's stock was trading at $1.22 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PME shares have decreased by 9.8% and is now trading at $1.10. View which stocks have been most impacted by Coronavirus.

Pingtan Marine Enterprise is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for Pingtan Marine Enterprise.

Pingtan Marine Enterprise Ltd (NASDAQ:PME) released its quarterly earnings results on Monday, May, 11th. The company reported $0.10 earnings per share for the quarter. The company earned $17.31 million during the quarter. Pingtan Marine Enterprise had a return on equity of 12.47% and a net margin of 17.21%. View Pingtan Marine Enterprise's earnings history.

Media stories about PME stock have trended negative on Tuesday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news 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 media sentiment score of -2.1 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Pingtan Marine Enterprise.

Pingtan Marine Enterprise saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 43,600 shares, an increase of 3,863.6% from the June 15th total of 1,100 shares. Based on an average daily volume of 66,400 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the company's stock are short sold. View Pingtan Marine Enterprise's Current Options Chain.

Some companies that are related to Pingtan Marine Enterprise include Diamond S Shipping (DSSI), Hoegh LNG Partners (HMLP), US Xpress Enterprises (USX), Era Group (ERA), CAI International (CAI), Genco Shipping & Trading (GNK), Fly Leasing (FLY), Daseke (DSKE), Covenant Transportation Group (CVTI), Teekay (TK), GasLog (GLOG), GasLog Partners LP Unit (GLOP), Hertz Global (HTZ), TSAKOS ENERGY N/SH (TNP) and Scorpio Bulkers (SALT). View all competitors.

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), Primo Water (PRMW), AT&T (T), Exxon Mobil (XOM), AbbVie (ABBV) and Acer Therapeutics (ACER).

Pingtan Marine Enterprise trades on the NASDAQ under the ticker symbol "PME."

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.

One share of PME stock can currently be purchased for approximately $1.10.

Pingtan Marine Enterprise has a market capitalization of $86.97 million and generates $89.62 million in revenue each year. Pingtan Marine Enterprise employs 2,600 workers across the globe.

The official website for Pingtan Marine Enterprise is www.ptmarine.com.

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]