News headlines about China Mobile (NYSE:CHL) have been trending positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. China Mobile earned a news sentiment score of 0.33 on Accern’s scale. Accern also gave headlines about the Wireless communications provider an impact score of 46.778073924569 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of China Mobile (CHL) remained flat at $$50.69 during trading on Wednesday. 786,341 shares of the stock traded hands, compared to its average volume of 796,191. The stock has a market cap of $207,690.00, a PE ratio of 12.07, a price-to-earnings-growth ratio of 2.64 and a beta of 0.31. China Mobile has a 52-week low of $48.70 and a 52-week high of $58.83.
Several research firms have recently weighed in on CHL. ValuEngine raised China Mobile from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Zacks Investment Research raised China Mobile from a “sell” rating to a “hold” rating in a report on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $57.00.
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China Mobile Limited is an investment holding company principally engaged in telecommunication and related businesses. Its main businesses include Mobile businesses, Wireline Broadband businesses and Internet of Things (IoT) businesses. Mobile businesses include two categories of services. Voice services include local calls, domestic and international long distance calls, roaming services and voice value-added services.
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