News stories about Chunghwa Telecom (NYSE:CHT) have trended positive on Monday, according to Accern Sentiment. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Chunghwa Telecom earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 46.731481807669 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Separately, Zacks Investment Research raised shares of Chunghwa Telecom from a “sell” rating to a “hold” rating in a report on Tuesday, February 6th.
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Shares of CHT traded down $0.16 during mid-day trading on Monday, reaching $37.36. The stock had a trading volume of 46,019 shares, compared to its average volume of 125,415. Chunghwa Telecom has a 52-week low of $33.10 and a 52-week high of $39.33. The firm has a market capitalization of $29.11 billion, a P/E ratio of 22.78, a P/E/G ratio of 4.20 and a beta of 0.32.
Chunghwa Telecom Company Profile
Chunghwa Telecom Co, Ltd. provides telecommunication services primarily in Taiwan. The company's Domestic Fixed Communications Business segment provides local telephone, domestic long distance telephone, broadband access, local and domestic long distance leased line, Wi-Fi, and multimedia on demand services; and other domestic services, including information and communication technology (ICT), corporate solution services, and bill handling services.