China Mobile Limited (NYSE:CHL) traded today at a new 52-week low of $28.22. This new low was reached on above average trading volume as 3.9 million shares traded hands, while the average 30-day volume is approximately 1.9 million shares.
Over the past year, China Mobile Limited has traded in a range of $28.22 to $44.93 and is now at $28.34.
China Mobile Limited (NYSE:CHL) has potential upside of 3.7% based on a current price of $28.34 and analysts’ consensus price target of $29.39.
China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (946 million), but also the largest in the world.
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