Breaking Finance News

Nomura upgraded China Telecom Corporation Limited (ADR) (NYSE:CHA) to Buy in a report released today.

Yesterday China Telecom Corporation Limited (ADR) (NYSE:CHA) traded 4.07% higher at $46.96. The company’s 50-day moving average is $50.50 and its 200-day moving average is $49.20. The last stock close price is down -0.66% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 294,406 shares of the stock were exchanged, up from an average trading volume of 46,750

Nomura has upgraded China Telecom Corporation Limited (ADR) (NYSE:CHA) to Buy in a report released on 11/30/2016.

See Chart Below

China Telecom Corporation Limited (ADR) (NYSE:CHA)

China Telecom Corporation Limited (ADR) has a 52 week low of $42.23 and a 52 week high of $55.85 with a P/E ratio of 13.57 The company’s market cap is currently $0.

About China Telecom Corporation Limited (ADR) (NYSE:CHA)

China Telecom Corporation Limited is an investment holding company principally engaged in telecommunications and related businesses. The Company operates through seven businesses. Wireline Voice Services include local and long distance wireline services. Mobile Voice Services include local calls, domestic and international long distance calls and roaming services. Internet Access Services include dial-up and broadband services and wireless Internet access services. Value-added Services include wireline, Internet and mobile value-added services, such as short message services, telephone payment services and Internet applications, among others. Integrated Information Application Services include Best Tone services, information technology (IT) services and IT application services. Managed Data and Leased Line Services include frame relay (FR) and Asynchronous Transfer Mode (ATM) services, among others. Other Services include the sales, repair and maintenance of customer-end equipment.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *