Here is what Analysts Recommend for: China Mobile (Hong Kong) Ltd. (NYSE:CHL)

China Mobile (Hong Kong) Ltd. (NYSE:CHL):

Company Profile

China Mobile Limited provides mobile telecommunications and related services in Mainland China and Hong Kong. The company offers local calls; domestic and international long distance calls and roaming services; and value-added services, such as caller identity display, call waiting, conference calls, and others. It also provides wireless Internet service, as well as digital applications comprising music, video, reading, gaming, and animation; wireline broadband services; and wireline voice services. In addition, it offers dedicated line and IDC services to corporate customers in a range of industry sectors; and basic corporate communication products comprising corporate VPMN and SMS, and tailor made solutions. Further, the company provides international telecommunications services, which includes IDD, roaming, Internet, MNC, and value added business services. Additionally, it offers telecommunications network planning, design, and consulting services; roaming clearance, IT system operation, and technology support services; technology platform development and maintenance services; mobile data, and system integration and development services; network construction and maintenance, network planning and optimizing, and training services; electronic communication products design and sale of related products; non-banking financial services; computer hardware and software research and development services; call center services; e-payment, e-commerce, and Internet finance services; and mobile Internet digital content services, as well as operates a network and business coordination center. The company serves 925 million mobile customers and 157 million wireline broadband customers. The company was formerly known as China Mobile (Hong Kong) Limited and changed its name to China Mobile Limited in May 2006. The company was incorporated in 1997 and is based in Central, Hong Kong. China Mobile Limited is a subsidiary of China Mobile Hong Kong (BVI) Limited.

What is market trading price of stock,

On 23 May 2019 (Thursday), China Mobile (Hong Kong) Ltd. closed its business at $45.09, by making a variation of -2.04% and showed a change of 46.03% from opening. The highest price of CHL touched in the last Fifty-two week was $55.84 and the lowest price it hit in the same period was $43.25. Stock’s distance from 12 Month High is -19.25% and the distance from 12 Month Low is 4.25%.

The total market cap for the stock is $181.63 Billion while it has a PE ratio of 10.79. Active investor focuses on important indicators, some of which are discussed below:

How much shares are traded,

The stock traded hands with 666.94 Million numbers of shares contrast to its normal every day volume of 967.98 Million shares.

What Performance Indicators tell us,

The performance of the CHL during the last seven days was -1.49 percent.

During the last one-month price index is -4.59 percent while over the three months is -16.08 percent.

Its six months performance has been -7.43 percent while for the last fifty two weeks is -4.1 percent.

Objective Value for Investors:

Price target given by certain analysts help investors in deciding about buying, selling or holding a stock. Analyst’s mean target price for the company is $55.53.

EPS Subtleties in Core interest:

The company’s diluted EPS for trailing twelve months was 4.18.

EPS Estimate for the next year is 4.57.

EPS Estimate for the next Quarter is 0.

EPS Growth this year is 3%.

Profitability analysis

Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 1.1, current ratio was 1.1, LT Debt/Equity ratio was 0 and Total Debt/Equity ratio was 0.

Where Do Relative Strength Index (RSI) Stands,

Perhaps, it is one of the most important indicators, because it is used in the technical analysis of the stock in the money market. The relative strength index (RSI) is claimed to depict the latest and past performances of the stock market, based upon the ending price volumes of the current trading period.

The RSI index is largely used by traders on a 14-day time period and is evaluated on a range from 0 to 100, along with both high and low volumes marked at 70 and 30, respectively. Both the shorter and longer timeframes are used by the traders for shorter- and long-term purposes. It further adds high and low ranges like from 80 to 20 and from 90 to 10. This trend takes place very rarely.

China Mobile (Hong Kong) Ltd.’s 14-day RSI stands at 27.12.

Important Technical Indicators Analysis Report and Volatility Measures:

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. Beta is used in the capital asset pricing model (CAPM), which calculates the predictable return of an asset based on its beta and predictable market returns. Beta is also known as the beta coefficient.

A beta of 1 indicates that the security’s price moves with the market. A beta of less than 1 means that the security is theoretically less volatile than the market. A beta of greater than 1 indicates that the security’s price is theoretically more volatile than the market.

After a recent check, beta value for this stock comes out to be 0.62.

A statistical measure of the dispersion of returns (volatility) for CHL producing salvation in Investors mouth, it has week volatility of 0.85% and for the month booked as 0.86%.

Regardless of which metric you utilize, a firm understanding of the concept of volatility and how it is measured is essential to successful investing. A stock that maintains a relatively stable price has low volatility. When investing in a volatile security, the risk of success is increased just as much as the risk of failure.

China Mobile (Hong Kong) Ltd. has an average true range (ATR) of 0.57. Other technical indicators are worth considering in assessing the prospects for CHL. China Mobile (Hong Kong) Ltd.’s price to sales ratio for trailing twelve months was 1.7 and price to book ratio for most recent quarter was 1.21, whereas price to cash per share for the most recent quarter was 2.94. The Company’s price to free cash flow for trailing twelve months was 0. Analysts mean recommendation for the stock was 2.3.

Arithmetic Moving Averages CHL:

Simple Moving Average (SMA) is easy to calculate and SMA20 one is principally looking at prime trends. The 50-day moving average is more responsive to price changes than the 200-day moving. In general, traders can boost the responsiveness of a moving average by decreasing the period and smooth-out movements by increasing the period. SMA50 is used by traders to gauge mid-term trends. Whereas long-term trend followers generally use SMA200 and most shareholders will look for a cross above or below this average to represent if the stock is in a bullish or bearish trend. SMA20 is the last stop on the bus for short-term traders.

CHL having its distance from 20-days simple moving average is -8.29%, and its distance from 50-days simple moving average is -8.4%, while it has a distance of -3.42% from the 200-days simple moving average.