Pingtan Marine Enterprise Ltd. (NASDAQ:PME) went up by 6.99% from its latest closing price compared to the recent 1-year high of $2.50. The company’s stock price has collected -2.62% of loss in the last five trading sessions. Press Release reported 2 hours ago that Pingtan Marine Enterprise Announces FY 2021 Guidance of at Least 100% Revenue Increase
Is It Worth Investing in Pingtan Marine Enterprise Ltd. (NASDAQ :PME) Right Now?
Pingtan Marine Enterprise Ltd. (NASDAQ:PME) scored a price-to-earnings ratio above its average ratio, recording 25.48 x from its present earnings ratio. Plus, the 36-month beta value for PME is at -0.54. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Pingtan Marine Enterprise Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $15.00. PME currently public float of 33.90M and currently shorts hold a 0.04% ratio of that float. Today, the average trading volume of PME was 114.40K shares.
PME’s Market Performance
PME stocks went down by -2.62% for the week, with a monthly drop of -13.89% and a quarterly performance of -6.53%, while its annual performance rate touched 56.30%. The volatility ratio for the week stands at 5.84% while the volatility levels for the past 30 days are set at 7.10% for Pingtan Marine Enterprise Ltd.. The simple moving average for the period of the last 20 days is 1.27% for PME stocks with a simple moving average of 39.57% for the last 200 days.
PME Trading at -2.35% from the 50-Day Moving Average
After a stumble in the market that brought PME to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.40% of loss for the given period.
Volatility was left at 7.10%, however, over the last 30 days, the volatility rate increased by 5.84%, as shares surge +4.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.07% lower at present.
During the last 5 trading sessions, PME rose by +10.75%, which changed the moving average for the period of 200-days by +103.96% in comparison to the 20-day moving average, which settled at $1.9690. In addition, Pingtan Marine Enterprise Ltd. saw 0.00% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PME
Current profitability levels for the company are sitting at:
- +16.31 for the present operating margin
- +23.99 for the gross margin
The net margin for Pingtan Marine Enterprise Ltd. stands at +6.34. The total capital return value is set at 5.13, while invested capital returns managed to touch 2.52. Equity return is now at value 4.10, with 1.20 for asset returns.
Based on Pingtan Marine Enterprise Ltd. (PME), the company’s capital structure generated 167.85 points at debt to equity in total, while total debt to capital is 62.67. Total debt to assets is 56.37, with long-term debt to equity ratio resting at 118.09. Finally, the long-term debt to capital ratio is 44.09.
When we switch over and look at the enterprise to sales, we see a ratio of 3.75, with the company’s debt to enterprise value settled at 0.68. The receivables turnover for the company is 6.10 and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.72.