News stories about China Telecommunications (NYSE:CHA) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. China Telecommunications earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 44.7466490328036 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
CHA has been the topic of several recent research reports. Zacks Investment Research raised shares of China Telecommunications from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 6th. Nomura lowered shares of China Telecommunications from a “buy” rating to a “neutral” rating in a research report on Monday, March 12th.
China Telecommunications stock traded down $0.36 during trading hours on Thursday, hitting $42.65. 31,993 shares of the stock were exchanged, compared to its average volume of 91,326. China Telecommunications has a 12 month low of $42.32 and a 12 month high of $53.78. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.24 and a current ratio of 0.25.
China Telecom Corporation Limited, together with its subsidiaries, provides wireline and mobile telecommunications services primarily in the People's Republic of China. It offers wireline voice services, including local wireline telephone services and long distance wireline services; CDMA mobile voice services, such as local calls, domestic and international long distance calls, intra-provincial roaming, and inter-provincial roaming and international roaming; wireline Internet access services comprising dial-up and broadband services; wireless Internet access services; and wireline, Internet, and mobile value-added services.
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