Chunghwa Telecom (NYSE:CHT) Releases Quarterly Earnings Results

Chunghwa Telecom (NYSE:CHT) issued its quarterly earnings results on Thursday. The utilities provider reported $0.36 earnings per share (EPS) for the quarter, Zacks reports. Chunghwa Telecom had a net margin of 16.09% and a return on equity of 9.25%.

Chunghwa Telecom Price Performance

CHT opened at $38.91 on Friday. Chunghwa Telecom has a 1 year low of $35.92 and a 1 year high of $40.62. The stock has a 50-day moving average price of $37.92 and a 200-day moving average price of $38.01. The firm has a market cap of $30.19 billion, a PE ratio of 26.65, a P/E/G ratio of 19.75 and a beta of 0.20. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.47 and a quick ratio of 1.29.

Analysts Set New Price Targets

Separately, StockNews.com raised Chunghwa Telecom from a “hold” rating to a “buy” rating in a research report on Friday.

Chunghwa Telecom Company Profile

Chunghwa Telecom Co, Ltd., together with its subsidiaries, provides telecommunication services in Taiwan and internationally. It operates through Consumer Business, Enterprise Business, International Business, and Others segments. The company offers local, domestic long distance, and international long distance fixed-line telephone services; mobile services such as prepaid and postpaid plans; broadband plans; and internet and data services.