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How to buy Pingtan Marine Enterprise stock | $1.93

Own Pingtan Marine Enterprise stock in just a few minutes.

Fact checked

Pingtan Marine Enterprise Ltd is a farm products business based in the US. Pingtan Marine Enterprise shares (PME) are listed on the NASDAQ and all prices are listed in US Dollars. Pingtan Marine Enterprise employs 2,060 staff and has a trailing 12-month revenue of around USD$90.8 million.

How to buy shares in Pingtan Marine Enterprise

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Pingtan Marine Enterprise. Find the stock by name or ticker symbol: PME. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Pingtan Marine Enterprise reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$1.93, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Pingtan Marine Enterprise, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Pingtan Marine Enterprise. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Pingtan Marine Enterprise share price

Use our graph to track the performance of PME stocks over time.

Pingtan Marine Enterprise shares at a glance

Information last updated 2021-01-18.
Latest market closeUSD$1.93
52-week rangeUSD$0.82 - USD$2.5
50-day moving average USD$2.0061
200-day moving average USD$1.5983
Wall St. target priceUSD$15
PE ratio 25.2055
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.073

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Pingtan Marine Enterprise stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Pingtan Marine Enterprise price performance over time

Historical closes compared with the close of $1.93 from 2021-01-11

1 week (2021-01-11) N/A
1 month (2020-12-18) N/A
3 months (2020-10-18) N/A
6 months (2020-07-18) N/A
1 year (2020-01-18) N/A
2 years (2019-01-18) N/A
3 years (2018-01-18) N/A
5 years (2016-01-18) N/A

Is Pingtan Marine Enterprise under- or over-valued?

Valuing Pingtan Marine Enterprise stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Pingtan Marine Enterprise's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Pingtan Marine Enterprise's P/E ratio

Pingtan Marine Enterprise's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 25x. In other words, Pingtan Marine Enterprise shares trade at around 25x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Pingtan Marine Enterprise's EBITDA

Pingtan Marine Enterprise's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$21 million.

The EBITDA is a measure of a Pingtan Marine Enterprise's overall financial performance and is widely used to measure a its profitability.

Pingtan Marine Enterprise financials

Revenue TTM USD$90.8 million
Operating margin TTM 7.41%
Gross profit TTM USD$25.2 million
Return on assets TTM 0.92%
Return on equity TTM 4.01%
Profit margin 6.32%
Book value $1.846
Market capitalisation USD$145.9 million

TTM: trailing 12 months

Shorting Pingtan Marine Enterprise shares

There are currently 12,650 Pingtan Marine Enterprise shares held short by investors – that's known as Pingtan Marine Enterprise's "short interest". This figure is 4.8% down from 13,285 last month.

There are a few different ways that this level of interest in shorting Pingtan Marine Enterprise shares can be evaluated.

Pingtan Marine Enterprise's "short interest ratio" (SIR)

Pingtan Marine Enterprise's "short interest ratio" (SIR) is the quantity of Pingtan Marine Enterprise shares currently shorted divided by the average quantity of Pingtan Marine Enterprise shares traded daily (recently around 126500). Pingtan Marine Enterprise's SIR currently stands at 0.1. In other words for every 100,000 Pingtan Marine Enterprise shares traded daily on the market, roughly 100 shares are currently held short.

However Pingtan Marine Enterprise's short interest can also be evaluated against the total number of Pingtan Marine Enterprise shares, or, against the total number of tradable Pingtan Marine Enterprise shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Pingtan Marine Enterprise's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Pingtan Marine Enterprise shares in existence, roughly 0 shares are currently held short) or 0.0004% of the tradable shares (for every 100,000 tradable Pingtan Marine Enterprise shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Pingtan Marine Enterprise.

Find out more about how you can short Pingtan Marine Enterprise stock.

Pingtan Marine Enterprise share dividends

We're not expecting Pingtan Marine Enterprise to pay a dividend over the next 12 months.

Pingtan Marine Enterprise share price volatility

Over the last 12 months, Pingtan Marine Enterprise's shares have ranged in value from as little as $0.82 up to $2.5. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Pingtan Marine Enterprise's is -0.4617. This would suggest that Pingtan Marine Enterprise's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Pingtan Marine Enterprise has bucked the trend.

Pingtan Marine Enterprise overview

Pingtan Marine Enterprise Ltd., through its subsidiary, Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd., engages in the ocean fishing business. The company catches a range of fish species, such as squid, ribbon fish, croaker fish, and cuttlefish. As of December 31, 2019, it owned 41 squid jigging vessels, 26 trawlers, 25 seine vessels, 13 drifters, 4 longline fishing vessels, and 2 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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