Shares of China Mobile Ltd. (NYSE:CHl) traded up 3.2% during trading on Thursday . The company traded as high as $62.88 and last traded at $62.47, with a volume of 752,717 shares. The stock had previously closed at $60.55.

A number of analysts have recently commented on the stock. Zacks Investment Research upgraded shares of China Mobile from a “sell” rating to a “hold” rating in a research note on Monday, April 18th. Deutsche Bank AG lowered shares of China Mobile from a “buy” rating to a “hold” rating in a research note on Tuesday, June 7th.

The company has a 50 day moving average price of $57.43 and a 200 day moving average price of $55.53. The company has a market capitalization of $255.08 billion and a PE ratio of 15.69.

A number of hedge funds have added to or reduced their stakes in CHL. Sei Investments Co. raised its stake in China Mobile by 85.9% in the fourth quarter. Sei Investments Co. now owns 23,493 shares of the company’s stock worth $1,324,000 after buying an additional 10,856 shares during the period. US Bancorp DE raised its stake in China Mobile by 166.3% in the fourth quarter. US Bancorp DE now owns 29,572 shares of the company’s stock worth $1,666,000 after buying an additional 18,466 shares during the period. PNC Financial Services Group Inc. raised its stake in China Mobile by 397.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 55,427 shares of the company’s stock worth $3,122,000 after buying an additional 44,290 shares during the period. Wells Fargo & Company MN raised its stake in China Mobile by 35.7% in the fourth quarter. Wells Fargo & Company MN now owns 619,693 shares of the company’s stock worth $34,908,000 after buying an additional 163,121 shares during the period. Finally, Everett Harris & Co. CA raised its stake in China Mobile by 0.8% in the fourth quarter. Everett Harris & Co. CA now owns 649,453 shares of the company’s stock worth $36,584,000 after buying an additional 5,180 shares during the period.

China Mobile Limited is an investment holding company. The Company is engaged in providing mobile telecommunications and related services in 31 provinces, autonomous regions and directly-administered municipalities in Mainland China and Hong Kong Special Administrative Region through its subsidiaries.

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