News coverage about China Telecom (NYSE:CHA) has trended somewhat negative this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. China Telecom earned a news sentiment score of -0.03 on Accern’s scale. Accern also gave media coverage about the utilities provider an impact score of 46.390181069374 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- US telecom dreams turn sour (chinadaily.com.cn)
- De Lima wary on Palace handpicking third telco player from China (newsinfo.inquirer.net)
- Apple to build second data centre in China (telecom.economictimes.indiatimes.com)
- China stocks reverse losses, end higher as banks jump (uk.reuters.com)
- China state planner, Samsung Elec in deal for chip cooperation: China Daily (telecom.economictimes.indiatimes.com)
Separately, Zacks Investment Research lowered shares of China Telecom from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st.
Shares of China Telecom (CHA) opened at $44.99 on Tuesday. China Telecom has a 12 month low of $44.27 and a 12 month high of $53.78. The company has a current ratio of 0.25, a quick ratio of 0.24 and a debt-to-equity ratio of 0.03.
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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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