NASDAQ:PMEPingtan Marine Enterprise Stock Price, Forecast & News

$1.13

-0.02 (-1.74 %)

(As of 06/3/2020 11:22 AM ET)

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Today's Range

$1.13

Now: $1.13▼

$1.16

50-Day Range

$0.90

MA: $1.04▼

$1.20

52-Week Range

$0.57

Now: $1.13▼

$2.94

Volume779 shs

Average Volume56,975 shs

Market Capitalization$89.34 million

P/E Ratio5.65

Dividend YieldN/A

Beta0.36

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.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Pingtan Marine Enterprise.

2.1 Community Rank

Outperform Votes
Pingtan Marine Enterprise has received 115 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Pingtan Marine Enterprise has received 163 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Pingtan Marine Enterprise has received 58.63% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Pingtan Marine Enterprise does not currently pay a dividend.
Dividend Growth
Pingtan Marine Enterprise does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pingtan Marine Enterprise insiders have not sold or bought any company stock.
Percentage Held by Insiders
57.40% of the stock of Pingtan Marine Enterprise is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 0.06% of the stock of Pingtan Marine Enterprise is held by institutions.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Pingtan Marine Enterprise is 5.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.96.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pingtan Marine Enterprise is 5.65, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 14.37.
Price to Book Value per Share Ratio
Pingtan Marine Enterprise has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.00 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Fishing, hunting & trapping

Sub-IndustryN/A

SectorTransportation

Current SymbolNASDAQ:PME

Previous Symbol

CUSIPN/A

CIK1517130

Webwww.ptmarine.com

Phone86-591-8727-1266

Debt

Debt-to-Equity Ratio0.96

Current Ratio0.99

Quick Ratio0.68

Price-To-Earnings

Trailing P/E Ratio5.65

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$89.62 million

Price / Sales1.00

Cash Flow$0.30 per share

Price / Cash Flow3.74

Book Value$1.96 per share

Price / Book0.58

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$5.68 million

Net Margins17.21%

Return on Equity12.47%

Return on Assets4.77%

Miscellaneous

Employees2,600

Outstanding Shares79,060,000

Market Cap$89.34 million

Next Earnings Date8/14/2020 (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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PME shares have decreased by 7.4% and is now trading at $1.13. View which stocks have been most 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 Friday, August 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 quarterly earnings results on Monday, May, 11th. The company reported $0.10 earnings per share (EPS) 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.

Has Pingtan Marine Enterprise been receiving favorable news coverage?

News coverage about PME stock has been trending neutral on Wednesday, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pingtan Marine Enterprise earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned media coverage 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 immediate future. View the latest news aboutPingtan Marine Enterprise.

Are investors shorting Pingtan Marine Enterprise?

Pingtan Marine Enterprise saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 12,600 shares, a drop of 50.8% from the April 30th total of 25,600 shares. Based on an average daily trading volume, of 56,700 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short. 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 Hoegh LNG Partners (HMLP), CAI International (CAI), Teekay (TK), Fly Leasing (FLY), GasLog (GLOG), TSAKOS ENERGY N/SH (TNP), US Xpress Enterprises (USX), GasLog Partners LP Unit (GLOP), Covenant Transportation Group (CVTI), Genco Shipping & Trading (GNK), P.A.M. Transportation Services (PTSI), Ardmore Shipping (ASC), Overseas Shipholding Group (OSG), Daseke (DSKE) and Capital Product Partners (CPLP). View all 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), Energy Transfer LP Unit (ET), IBM (IBM), Primo Water (PRMW), AT&T (T), Exxon Mobil (XOM), AbbVie (ABBV) and Acer Therapeutics (ACER).

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 $1.13.

How big of a company is Pingtan Marine Enterprise?

Pingtan Marine Enterprise has a market capitalization of $89.34 million and generates $89.62 million in revenue each year. Pingtan Marine Enterprise employs 2,600 workers across the globe.

What is Pingtan Marine Enterprise's official website?

The official website for Pingtan Marine Enterprise is 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]

This page was last updated on 6/3/2020 by MarketBeat.com Staff