November 22, 2016 - By Pete Kolinski · 0 Comments
Pingtan Marine Enterprise LTD (NASDAQ:CGEIU) institutional sentiment increased to 2 in Q2 2016. Its up 1.75, from 0.25 in 2016Q1. The ratio is positive, as 1 funds started new or increased holdings, while 4 cut down and sold their stakes in Pingtan Marine Enterprise LTD. The funds in our partner’s database now own: 432,437 shares, down from 753,754 shares in 2016Q1. Also, the number of funds holding Pingtan Marine Enterprise LTD in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 2 Increased: 0 New Position: 1.
Pingtan Marine Enterprise Ltd, formerly China Growth Equity Investment Ltd., is a blank check company. The company has a market cap of $50.75 million. The Firm focuses to serve as a vehicle for the acquisition of an operating business in the People’s Republic of China. It currently has negative earnings. The Firm focuses to identify a prospective target business not be limited to a particular industry.
It is down 6.00% since October 23, 2016 and is uptrending. It has outperformed by 1.44% the S&P500.
Mad River Investors holds 0.07% of its portfolio in Pingtan Marine Enterprise Ltd for 49,769 shares. Citadel Advisors Llc owns 17,022 shares or 0% of their US portfolio. Moreover, Geode Capital Management Llc has 0% invested in the company for 10,102 shares. The New York-based Goldman Sachs Group Inc has invested 0% in the stock. Royal Bank Of Canada, a Ontario – Canada-based fund reported 335,941 shares.#img1#
More notable recent Pingtan Marine Enterprise Ltd (NASDAQ:CGEIU) news were published by: Prnewswire.com which released: “Pingtan Marine Enterprise Announces Commencement of Fishing Activity in Indo …” on November 22, 2016, also Prnewswire.com with their article: “Pingtan Marine Enterprise Schedules 2016 Third Quarter Financial Results and …” published on October 12, 2016, Prnewswire.com published: “Pingtan Marine Enterprise Ltd. Featured In CFO World Magazine Article” on April 22, 2015. More interesting news about Pingtan Marine Enterprise Ltd (NASDAQ:CGEIU) were released by: Prnewswire.com and their article: “Pingtan Marine Enterprise LTD. Announces Presentation at The 11th China …” published on June 08, 2016 as well as Seekingalpha.com‘s news article titled: “Fishy Business At Pingtan Marine Enterprise” with publication date: June 13, 2014.
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By Pete Kolinski