China Unicom (Hong Kong) Limited (NYSE:CHU) has been assigned an average rating of “Hold” from the eight ratings firms that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company.
Separately, Mizuho lowered China Unicom (Hong Kong) from a “neutral” rating to an “underperform” rating in a research report on Thursday, June 7th.
Shares of CHU stock traded down $0.45 during trading hours on Wednesday, reaching $11.47. The company had a trading volume of 8,762 shares, compared to its average volume of 313,847. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.32 and a quick ratio of 0.31. The firm has a market capitalization of $37.21 billion, a PE ratio of 104.36 and a beta of 0.89. China Unicom has a 12-month low of $11.78 and a 12-month high of $16.55.
About China Unicom (Hong Kong)
China Unicom (Hong Kong) Limited, an integrated telecommunications operator, provides telecommunications services and telecommunications products worldwide. It offers mobile voice services that enable its subscribers to make and receive phone calls comprising local calls, domestic and international long-distance calls, intra-provincial roaming, inter-provincial roaming, and international roaming; and mobile data, mobile reading, mobile music, WO app store, SMS, personalized ring-back tone, and other wireless information services.
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