China Telecom Sets New 1-Year Low at $44.90 (CHA)
China Telecom (NYSE:CHA) set a new 52-week low during trading hours on Monday, AnalystRatingsNetwork reports. The company traded as low as $44.90 and last traded at $45.02, with a volume of 99,869 shares. The stock had previously closed at $45.66.
Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of China Telecom in a research note to investors on Monday, December 30th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. China Telecom currently has a consensus rating of “Hold” and a consensus price target of $60.60.
China Telecom has a 52-week low of $44.94 and a 52-week high of $55.19. The stock has a 50-day moving average of $48.10 and a 200-day moving average of $50.88. The company has a market cap of $36.331 billion and a P/E ratio of 15.74.
China Telecom Corporation Limited is an integrated information service provider in the People’s Republic of China.
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