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Pingtan Marine Enterprise Ltd. is engaged in the ocean fishing business. The company harvests a range of fish species with its owned or licensed vessels operating within the Indian Exclusive Economic Zone and the Arafura Sea of Indonesia. It operates 126 fishing vessels.View PME key stats
Pingtan Marine Enterprise Ltd - PME - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Pingtan Marine Enterprise Ltd as a
Sell with a ratings score of D+.
Report Snippet: We rate PINGTAN MARINE ENTERPRISE (PME) a SELL. This is driven by a number of negative factors, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow, poor profit margins, generally disappointing historical performance in the stock itself and unimpressive growth in net income.