China Telecom (NYSE:CHA) was downgraded by analysts at Nomura from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Monday, Marketbeat reports.
Separately, Zacks Investment Research upgraded China Telecom from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 6th.
China Telecom (NYSE:CHA) traded down $0.69 during trading hours on Monday, hitting $43.55. The company had a trading volume of 64,710 shares, compared to its average volume of 95,490. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.24 and a current ratio of 0.25. China Telecom has a fifty-two week low of $42.93 and a fifty-two week high of $53.78.
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China Telecom Company Profile
China Telecom Corporation Limited is an investment holding company principally engaged in telecommunications and related businesses. The Company provides integrated information services, including wireline and mobile telecommunications services, Internet access services, information services and other value-added telecommunications services.
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