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China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) has been downgraded to Hold in a report by BidaskClub today.

Yesterday China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) traded 0.85% higher at $14.62. The company’s 50-day moving average is $14.82 and its 200-day moving average is $14.01. The last closing price is up 1.39% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 201,845 shares of the stock traded hands, down from an average trading volume of 557,902

BidaskClub has downgraded China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) to Hold in a report released on Tuesday June 20, 2017.

See Chart Below

China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU)

China Unicom (Hong Kong) Limited (ADR) has a 52 week low of $10.84 and a 52 week high of $16.55 with a P/E ratio of 142.00 The company’s market cap is currently $0.

In addition to BidaskClub reporting its stock price target, a total of 4 brokers have issued a research note on the company. The average stock price target is $15.48 with 2 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU)

China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company's businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services and wireless Internet access card, as well as new value-added services such as mobile music, mobile television and Wo portal services. Its fixed-line businesses include broadband and Internet networks businesses, among others. The Company's subsidiaries include CUCL, China Unicom Global Limited and China Unicom (Europe) Operations Limited.

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