Zacks Investment Research downgraded China Telecom Corporation Limited (ADR) (NYSE:CHA) to Hold in a report released today.
- Updated: October 12, 2016
Yesterday China Telecom Corporation Limited (ADR) (NYSE:CHA) traded -0.37% lower at $51.60. CHA’s 50-day moving average is $51.32 and its 200-day moving average is $49.46. With the last stock price up 4.34% relative to the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Trading volume was down over the average, with 14,383 shares of CHA changing hands under the typical 25,326
Zacks Investment Research has downgraded China Telecom Corporation Limited (ADR) (NYSE:CHA) to Hold in a report released on Wednesday October 12, 2016.
Previously on 10/11/2016, Zacks Investment Research reported on China Telecom Corporation Limited (ADR) (NYSE:CHA) raised the target price from $0.00 to $59.00. At the time, this indicated a possible upside of 0.14%.
With a total market value of $0, China Telecom Corporation Limited (ADR) has PE ratio of 13.58 with a 52 week low of $42.23 and a 52 week high of $55.85 .
General Information About China Telecom Corporation Limited (ADR) (NYSE:CHA)
China Telecom Corporation Limited is an integrated information service provider in the People's Republic of China (PRC). The Company offers a range of telecommunications services, including wireline voice services, mobile voice services, Internet access services, value-added services, integrated information application services, telecommunications network resource services and lease of network equipment and other related services. Its wireline voice services include local wireline services and domestic long distance wireline services. The Company's mobile voice services include local calls, domestic long distance calls, international long distance calls, intra-provincial roaming, inter-provincial roaming and international roaming. Its Internet access services consist of wireline Internet access services and mobile Internet access services. The Company's value-added services consist of primarily wireline, Internet and mobile value-added services.
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