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Pingtan Marine Enterprise is part of the consumer packaged goods industry and trades as part of the consumer defensive sector. The company CEO is Xinrong Zhuo. Pingtan Marine Enterprise through its subsidiaries is engaged in ocean fishing. It harvests a variety of fish species with its owned and licensed vessels operating within the Indian Exclusive Economic Zone and the Arafura Sea of Indonesia.



Previous Intraday Performance:

The PME shares had a previous change of -1.30% which opened at 2.34 and closed at 2.28. It moved to an intraday high of 2.36 and a low of 2.25.

SeekingAlpha:  Pingtan Marine Enterprise: Ready To Spawn A Multiple

Historical Performance:

Over the last five trading days, PME shares returned -4.60% and in the past 30 trading days it returned -2.98%. Over three months, it changed 5.07%. In one year it has changed -42.33% and within that year its 52-week high was 4.00 and its 52-week low was 1.71. PME stock is 33.33% above its 52 Week Low.

Our calculations result in a 200 day moving average of 2.37 and a 50 day moving average of 2.25. Right now, PME stock is trading -3.72% below its 200 day moving average and may be a great opportunity to buy, but should check other technical indicators to confirm a buy signal.

SeekingAlpha:  Pingtan Marine Enterprise: Ready To Spawn A Multiple

Liquidity:

The company has a market cap of $180.2m with 79.1m shares outstanding and a float of 78.5m shares. Trading volume was 7,334 shares and has experienced an average volume of 26,082 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Pingtan Marine Enterprise was 0.17 which ended on 31st of December 2018, which according to the previous close, that is a PE of 13.41.

The dividend per share is currently 0.04, which is a dividend yield of 1.75%.

The next earnings report will be: 05-02-2019

The long-term trend of the EPS is a vital number as it helps understand the future potential of Pingtan Marine Enterprise; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 1.60% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 0.30% of institutional ownership.

I calculated the beta to be -0.13

SeekingAlpha:  Energy And Materials Dashboard – Update

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 10.45%, return on assets is 6.10%, profit margin is 25.68%, price-to-sales is 3.42 and price-to-book is 1.38.

Company Score Card:

Results are out of six:
 3  : Growth Expectations Result
 4  : Financial Safety Result
 1  : Past Performance Result
 3  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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