|Bid||1.8000 x 1000|
|Ask||1.8400 x 900|
|Day's Range||1.8000 - 1.9500|
|52 Week Range||0.5700 - 2.5000|
|Beta (5Y Monthly)||-0.46|
|PE Ratio (TTM)||25.21|
|Earnings Date||Nov 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jul 30, 2018|
|1y Target Est||N/A|
Pingtan Marine Enterprise Ltd. (NASDAQ: PME) ("Pingtan" or the "Company"), a fishing company based in the People's republic of China, today announced a substantial year-on-year revenue guidance increase of over 100% for the fiscal year 2021.
Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, announced on January 8, 2021 that it received $4 million investment through issuing 4,000,000 of its Series A Convertible Preferred Shares, par value $0.001 per share ("Series A Preferred Shares"), in a registered direct offering. Each Series A Preferred Share is convertible into the Company's ordinary shares at a conversion price per share equal to the lesser of (i) $2.00 and (ii) 90% of the lowest volume weighted average price of the ordinary shares on a trading day during the ten trading days prior to the conversion date, but not lower than $0.44, subject to certain adjustments. Holders of Series A Preferred Shares are entitled to receive dividends of 8.0% per annum.
Pingtan Marine Enterprise Ltd. (NASDAQ: PME) ("Pingtan" or the "Company"), today announced that 20 fishing vessels operated by the Company received approval from the Ministry of Agriculture and Rural Affairs of the People's Republic of China ("MARA") for modification and rebuilding.