PLDT (PHI) Earns Coverage Optimism Rating of 0.14
News coverage about PLDT (NYSE:PHI) has been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. PLDT earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.2245282268995 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of PLDT (NYSE:PHI) opened at $28.96 on Friday. The firm has a market cap of $6,360.00, a price-to-earnings ratio of 10.93, a price-to-earnings-growth ratio of 0.82 and a beta of 0.99. The company has a current ratio of 0.55, a quick ratio of 0.53 and a debt-to-equity ratio of 1.35. PLDT has a 12-month low of $25.50 and a 12-month high of $38.54.
Separately, Zacks Investment Research cut shares of PLDT from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold”.
PLDT Company Profile
PLDT, Inc, formerly Philippine Long Distance Telephone Company (PLDT), is a telecommunications service provider in the Philippines. The Company operates through three business segments: Wireless, Fixed Line and Others. The Company, through its business segments, offers a range of telecommunications services across the Philippines’ fiber optic backbone and wireless and fixed line networks.
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