StockNews.com began coverage on shares of Fanhua (NASDAQ:FANH – Get Free Report) in a report issued on Tuesday. The firm set a “hold” rating on the financial services provider’s stock.
Fanhua Price Performance
Fanhua stock opened at $3.50 on Tuesday. The company has a market cap of $198.59 million, a PE ratio of 4.79 and a beta of -0.10. The company has a fifty day moving average price of $4.63 and a two-hundred day moving average price of $5.92. Fanhua has a 12 month low of $3.38 and a 12 month high of $8.91.
Fanhua (NASDAQ:FANH – Get Free Report) last announced its quarterly earnings results on Wednesday, March 20th. The financial services provider reported ($0.07) earnings per share (EPS) for the quarter. Fanhua had a net margin of 8.67% and a return on equity of 12.11%. The firm had revenue of $84.99 million for the quarter.
About Fanhua
Fanhua Inc, together with its subsidiary, distributes insurance products in China. It operates through two segments, Insurance Agency and Claims Adjusting. The Insurance Agency segment provides property and casualty insurance products that primarily include individual accident, travel, homeowner, and indemnity medical insurance products; and life insurance products, such as individual health, individual whole life, individual term life, individual endowment life, and individual annuity, as well as participating insurance products.
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