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NASDAQ:PME - Pingtan Marine Enterprise Stock Price, Forecast & News

$1.01
+0.02 (+2.02 %)
(As of 04/1/2020 03:33 AM ET)
Today's Range
$0.92
Now: $1.01
$1.03
50-Day Range
$0.73
MA: $1.14
$1.37
52-Week Range
$0.57
Now: $1.01
$2.94
Volume194,553 shs
Average Volume69,603 shs
Market Capitalization$79.85 million
P/E Ratio12.63
Dividend YieldN/A
Beta0.23
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.
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Industry, Sector and Symbol

Industry Fishing, hunting & trapping
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:PME
CUSIPN/A
Phone86-591-8727-1266

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$89.62 million
Cash Flow$0.32 per share
Book Value$1.96 per share

Profitability

Net Income$5.68 million

Miscellaneous

Employees2,600
Market Cap$79.85 million
Next Earnings Date5/14/2020 (Estimated)
OptionableNot Optionable

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Pingtan Marine Enterprise (NASDAQ:PME) Frequently Asked Questions

How has Pingtan Marine Enterprise's stock been impacted by COVID-19 (Coronavirus)?

Pingtan Marine Enterprise's stock was trading at $1.22 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PME shares have decreased by 17.2% and is now trading at $1.01. View which stocks have been mosted impacted by Coronavirus.

When is Pingtan Marine Enterprise's next earnings date?

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

How were Pingtan Marine Enterprise's earnings last quarter?

Pingtan Marine Enterprise Ltd (NASDAQ:PME) announced its earnings results on Monday, March, 16th. The company reported $0.04 EPS for the quarter. The business had revenue of $34.56 million for the quarter. Pingtan Marine Enterprise had a net margin of 6.34% and a return on equity of 7.60%. View Pingtan Marine Enterprise's earnings history.

Has Pingtan Marine Enterprise been receiving favorable news coverage?

Media coverage about PME stock has trended very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to 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 assigned news stories about the company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View the latest news aboutPingtan Marine Enterprise.

Are investors shorting Pingtan Marine Enterprise?

Pingtan Marine Enterprise saw a increase in short interest in March. As of March 13th, there was short interest totaling 9,600 shares, an increase of 10.3% from the February 27th total of 8,700 shares. Based on an average daily volume of 35,200 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company's stock are short sold. View Pingtan Marine Enterprise's Current Options Chain.

Who are some of Pingtan Marine Enterprise's key competitors?

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), Primo Water (PRMW), Energy Transfer LP Unit (ET), IBM (IBM), AT&T (T), Exxon Mobil (XOM), Acer Therapeutics (ACER) and Acorda Therapeutics (ACOR).

Who are Pingtan Marine Enterprise's key executives?

Pingtan Marine Enterprise's management team includes the following people:
  • Mr. Xinrong Zhuo, Chairman & CEO (Age 55)
  • Mr. Yang Yu, CFO & Sec. (Age 37)

What is Pingtan Marine Enterprise's stock symbol?

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

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 $1.01.

How big of a company is Pingtan Marine Enterprise?

Pingtan Marine Enterprise has a market capitalization of $79.85 million and generates $89.62 million in revenue each year. Pingtan Marine Enterprise employs 2,600 workers across the globe. View additional information about Pingtan Marine Enterprise.

What is Pingtan Marine Enterprise's official website?

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

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  115 (Vote Outperform)
Underperform Votes:  163 (Vote Underperform)
Total Votes:  278
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.
This page was last updated on 4/1/2020 by MarketBeat.com Staff

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