China Mobile Adr (CMGE) Posts Quarterly Results
China Mobile Adr (NASDAQ:CMGE) released its earnings data on Friday. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.09, American Banking News.com reports. The company had revenue of $34.50 million for the quarter, compared to the consensus estimate of $30.23 million.
Several analysts have recently commented on the stock. Analysts at Barclays initiated coverage on shares of China Mobile Adr in a research note on Thursday, April 3rd. They set an “overweight” rating and a $32.00 price target on the stock. Analysts at Brean Capital raised their price target on shares of China Mobile Adr from $28.00 to $45.00 in a research note on Thursday, February 27th.
China Mobile Adr (NASDAQ:CMGE) opened at 16.99 on Friday. China Mobile Adr has a one year low of $10.05 and a one year high of $40.31. The stock’s 50-day moving average is $18.91 and its 200-day moving average is $24.10. The company has a market cap of $534.5 million and a P/E ratio of 137.56.
China Mobile Games and Entertainment Group Limited (NASDAQ:CMGE) is a holding company.
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