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Pingtan Marine Enterprise Ltd is currently in a long term downtrend where the price is trading 39.8% below its 200 day moving average.
From a valuation standpoint, the stock is 99.5% cheaper than other stocks from the Consumer Defensive sector with a price to sales ratio of 0.9.
Pingtan Marine Enterprise Ltd's total revenue rose by 38.2% to $15M since the same quarter in the previous year.
Its net income has dropped by 82.9% to $689K since the same quarter in the previous year.
Finally, its free cash flow grew by 51.0% to $-27M since the same quarter in the previous year.
Based on the above factors, Pingtan Marine Enterprise Ltd gets an overall score of 3/5.
| Industry | Farm Products |
|---|---|
| ISIN | KYG7114V1023 |
| CurrencyCode | USD |
| Exchange | NASDAQ |
| Sector | Consumer Defensive |
| Market Cap | 23M |
|---|---|
| PE Ratio | 13.5 |
| Target Price | 15 |
| Beta | -0.74 |
| Dividend Yield | 0.0% |
Pingtan Marine Enterprise Ltd., together with its subsidiaries, engages in the ocean fishing business. The company catches a range of fish species, such as red fish, ribbon fish, sea catfish, seabream, shrimp, silver pomfret and seaperch, slender shad, sole fish, Spanish mackerel, and threadfin. As of December 31, 2021, it owned 51 squid jigging vessels, 26 trawlers, 25 seine vessels, 13 drifters, four longline fishing vessels, and 3 transport vessels, as well as had operating license rights to 20 drifters. The company serves various customers, including distributors, restaurant owners, and exporters in the People's Republic of China. Pingtan Marine Enterprise Ltd. is based in Fuzhou, the People's Republic of China.
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