China Eastern Airlines Corporation (CEA) Receiving Somewhat Favorable News Coverage, Study Shows
News coverage about China Eastern Airlines Corporation (NYSE:CEA) has been trending somewhat positive this week, according to Accern. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. China Eastern Airlines Corporation earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news headlines about the transportation company an impact score of 45.5500131626154 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Separately, BidaskClub lowered China Eastern Airlines Corporation from a “hold” rating to a “sell” rating in a research note on Friday, July 28th.
China Eastern Airlines Corporation (CEA) opened at 27.51 on Friday. The company’s 50-day moving average price is $29.31 and its 200-day moving average price is $28.07. China Eastern Airlines Corporation has a 52 week low of $21.38 and a 52 week high of $30.90. The company has a market capitalization of $7.96 billion, a price-to-earnings ratio of 11.23 and a beta of 1.21.
The company also recently disclosed a special dividend, which will be paid on Monday, August 21st. Shareholders of record on Monday, July 3rd will be paid a dividend of $0.3554 per share. The ex-dividend date is Thursday, June 29th.
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About China Eastern Airlines Corporation
China Eastern Airlines Corporation Limited is a China-based company principally engaged in the provision of airline transportation and extended services. The Company is primarily engaged in the operation of airline passenger, cargo, mail delivery, tour operations and other extended transportation services.
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