China Unicom (Hong Kong) Ltd (NYSE:CHU) has a mean price target of $12.80 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.00 a share for the very next quarter and $0.22 for this year.
The technical study of China Unicom (Hong Kong) Ltd Co demonstrates that the 50-day moving average of China Unicom (Hong Kong) Ltd (NYSE:CHU) stock is $11.15, and is trading $0.91 points away or +8.18% from 50-day moving average of $11.15. It is trading $0.72 or +6.32% away 200-day moving average of $11.34.
The 52-week high of China Unicom (Hong Kong) Ltd (NYSE:CHU) was $15.00 while $9.89 is the low mark in the same period. It state China Unicom (Hong Kong) Ltd Co share price has to surge more than $-2.94 to hit 52-week high or drop +21.94% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of China Unicom (Hong Kong) Ltd Co, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. China Unicom (Hong Kong) Ltd (NYSE:CHU) ratio came in at 38.90, after dividing current equity price by yearly earnings. China Unicom (Hong Kong) Ltd Co stock recorded a close of $12.06 in last trading session, registering a market cap of $28.88B.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. China Unicom (Hong Kong) Ltd (NYSE:CHU) PEG ratio is at 53.77.
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