Chunghwa Telecom Co. (CHT) Hits New 52-Week High at $38.46
Chunghwa Telecom Co. (NYSE:CHT)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $38.46 and last traded at $38.42, with a volume of 119,247 shares trading hands. The stock had previously closed at $38.11.
CHT has been the topic of several research analyst reports. HSBC upgraded shares of Chunghwa Telecom from a “reduce” rating to a “hold” rating in a research note on Friday, April 22nd. Citigroup Inc. cut shares of Chunghwa Telecom from a “buy” rating to a “neutral” rating in a research note on Thursday, April 28th. Finally, Zacks Investment Research cut shares of Chunghwa Telecom from a “buy” rating to a “hold” rating in a research note on Tuesday, June 28th.
The firm has a market cap of $28.31 billion and a PE ratio of 21.10. The firm has a 50-day moving average of $35.70 and a 200 day moving average of $33.38.
The company also recently disclosed an annual dividend, which will be paid on Friday, September 2nd. Investors of record on Thursday, July 21st will be issued a $1.332 dividend. The ex-dividend date is Tuesday, July 19th.
Chunghwa Telecom Co, Ltd. is a telecommunications service provider in Taiwan. The Company’s segments include: Domestic fixed communications business, which is engaged in the provision of local telephone services, domestic long distance telephone services, broadband access, and related services; Mobile communications business, which is engaged in the provision of mobile services, sales of mobile handsets and data cards, and related services; Internet business, which is engaged in the provision of HiNet and related services; International fixed communications business, which is engaged in the provision of international long distance telephone and related services, and Others, which includes the Company’s non-telecom services, including property sales made by its subsidiary, Light Era Development Co, Ltd.
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