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4 Telecommunications Stocks Pushing The Industry Higher

2. As of noon trading, China Unicom (Hong Kong (CHU) is up $0.30 (2.03) to $14.82 on light volume Thus far, 184,488 shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 738,400 shares. The stock has ranged in price between $14.60-$14.88 after having opened the day at $14.62 as compared to the previous trading day's close of $14.53.

China Unicom (Hong Kong) Limited, an investment holding company, engages in the provision of cellular, fixed line, and broadband services in China. China Unicom (Hong Kong has a market cap of $34.5 billion and is part of the technology sector. The company has a P/E ratio of 30.5, above the S&P 500 P/E ratio of 17.7. Shares are down 10.8% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate China Unicom (Hong Kong a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates China Unicom (Hong Kong as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and reasonable valuation levels. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full China Unicom (Hong Kong Ratings Report now.

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