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Companies facing 1st tax on stock buybacks in Biden bill
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Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
3rd Massive Dollar Upheaval Has Started (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
3rd Massive Dollar Upheaval Has Started (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
3rd Massive Dollar Upheaval Has Started (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
3rd Massive Dollar Upheaval Has Started (Ad)
NASDAQ:PME

Pingtan Marine Enterprise - PME Stock Forecast, Price & News

$0.95
+0.04 (+4.38%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$0.94
$0.96
50-Day Range
$0.84
$1.06
52-Week Range
$0.42
$1.12
Volume
36,806 shs
Average Volume
200,701 shs
Market Capitalization
$81.90 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
PME stock logo

About Pingtan Marine Enterprise (NASDAQ:PME) Stock

Pingtan Marine Enterprise Ltd., together with its subsidiaries, engages in the ocean fishing business. The company catches a range of fish species, such as red fish, ribbon fish, sea catfish, seabream, shrimp, silver pomfret and seaperch, slender shad, sole fish, Spanish mackerel, and threadfin. As of December 31, 2021, it owned 51 squid jigging vessels, 26 trawlers, 25 seine vessels, 13 drifters, four longline fishing vessels, and 3 transport 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.

Pingtan Marine Enterprise Trading Down 8.5 %

Shares of NASDAQ:PME opened at $0.92 on Tuesday. Pingtan Marine Enterprise has a 12 month low of $0.42 and a 12 month high of $1.12. The company has a market cap of $78.64 million, a price-to-earnings ratio of -22.87 and a beta of -0.86. The company has a quick ratio of 0.76, a current ratio of 0.99 and a debt-to-equity ratio of 2.61. The business has a fifty day simple moving average of $0.96 and a 200-day simple moving average of $0.81.

Pingtan Marine Enterprise (NASDAQ:PME - Get Rating) last posted its quarterly earnings results on Tuesday, May 17th. The company reported ($0.12) earnings per share for the quarter. The business had revenue of $62.81 million for the quarter. Pingtan Marine Enterprise had a negative net margin of 1.51% and a negative return on equity of 23.39%.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Pingtan Marine Enterprise in a report on Tuesday, August 9th. They issued a "sell" rating for the company.

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PME Stock News Headlines

8-K: Pingtan Marine Enterprise Ltd.
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PME Company Calendar

Last Earnings
8/10/2015
Today
8/17/2022
Next Earnings (Estimated)
10/18/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Fishing, hunting & trapping
Sub-Industry
N/A
Current Symbol
NASDAQ:PME
Fax
N/A
Employees
2,356
Year Founded
N/A

Profitability

Net Income
$-2,480,000.00
Pretax Margin
-1.45%

Debt

Sales & Book Value

Annual Sales
$164.08 million
Book Value
$1.07 per share

Miscellaneous

Free Float
40,564,000
Market Cap
$81.90 million
Optionable
Not Optionable
Beta
-0.86














PME Stock - Frequently Asked Questions

How have PME shares performed in 2022?

Pingtan Marine Enterprise's stock was trading at $0.5750 at the start of the year. Since then, PME shares have increased by 65.7% and is now trading at $0.9530.
View the best growth stocks for 2022 here
.

When is Pingtan Marine Enterprise's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our PME earnings forecast
.

How were Pingtan Marine Enterprise's earnings last quarter?

Pingtan Marine Enterprise Ltd. (NASDAQ:PME) announced its quarterly earnings data on Monday, August, 10th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $15.30 million for the quarter, compared to analyst estimates of $59 million. Pingtan Marine Enterprise had a negative trailing twelve-month return on equity of 23.39% and a negative net margin of 1.51%.

What other stocks do shareholders of Pingtan Marine Enterprise own?
What is Pingtan Marine Enterprise's stock symbol?

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

Who are Pingtan Marine Enterprise's major shareholders?

Pingtan Marine Enterprise's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.14%). Insiders that own company stock include Farrell Leigh, Glenning Anthony and Liming Yung.
View institutional ownership trends
.

How do I buy shares of Pingtan Marine Enterprise?

Shares of PME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Pingtan Marine Enterprise's stock price today?

One share of PME stock can currently be purchased for approximately $0.95.

How much money does Pingtan Marine Enterprise make?

Pingtan Marine Enterprise (NASDAQ:PME) has a market capitalization of $81.90 million and generates $164.08 million in revenue each year. The company earns $-2,480,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis.

How many employees does Pingtan Marine Enterprise have?

The company employs 2,356 workers across the globe.

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 official website for the company is www.ptmarine.com. The company can be reached via phone at 8659187271266 or via email at ptmarine@pure-rock.com.

This page (NASDAQ:PME) was last updated on 8/17/2022 by MarketBeat.com Staff

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