How Analysts Feel About China Mobile Ltd. (ADR) (NYSE:CHL)?

Lloyd Doyle
November 15, 2017

Short shares fell 48,839 over that timeframe.

Press coverage about China Mobile (Hong Kong) (NYSE:CHL) has trended somewhat positive this week, Accern Sentiment reports. China Unicom has a fifty-two week low of $10.85 and a fifty-two week high of $16.55. The firm's 50-day moving average price is $60.40 and its 200-day moving average price is $59.20. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.14.

The company also recently announced a semiannual dividend, which was paid on Tuesday, October 11th. Days to cover decreased -2.0 to 2.0 and the percentage of shorted shares is 0.00% as of October 31. The ex-dividend date was Tuesday, August 30th. The value of the company's investment in China Unicom [Hong Kong] Ltd went from $975,000 to $901,000 a change of 7.6% quarter over quarter.

As of the end of the quarter Dimensional Fund Advisors Lp had acquired a total of 195,614 shares growing its stake by 5.0%. Scotia Capital Inc. raised its stake in China Mobile by 39.2% in the first quarter. The value in dollars increased from $8,000 to $9,000 a change of $1,000 since the last quarter. Dimensional Fund Advisors Lp now holds 11,476,115 shares worth $160,999,000. US Bancorp DE now owns 69,639 shares of the Wireless communications provider's stock valued at $3,697,000 after acquiring an additional 227 shares during the last quarter. Institutional investors own 1.93% of the company's stock.

A number of brokerages have issued reports on CHL.

BT Investment Management Ltd lifted its holdings in China Mobile (Hong Kong) Ltd. (NYSE:CHL) by 4.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. Goldman Sachs Group Inc. lowered China Mobile from a "buy" rating to a "neutral" rating in a report on Thursday, September 22nd.

COPYRIGHT VIOLATION NOTICE: "Somewhat Favorable News Coverage Somewhat Unlikely to Affect China Mobile (Hong Kong) (CHL) Stock Price" was first reported by StockNewsTimes and is the sole property of of StockNewsTimes.

China Mobile Limited is an investment holding company principally engaged in telecommunication and related businesses. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services and wireless Internet access card, as well as new value-added services such as mobile music, mobile television and Wo portal services.

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