StockNews.com initiated coverage on shares of Fanhua (NASDAQ:FANH – Free Report) in a research report sent to investors on Wednesday. The brokerage issued a hold rating on the financial services provider’s stock.
Fanhua Price Performance
Shares of Fanhua stock opened at $3.43 on Wednesday. The firm has a fifty day moving average price of $4.32 and a 200 day moving average price of $5.72. Fanhua has a 1 year low of $3.13 and a 1 year high of $8.79. The stock has a market cap of $194.62 million and a PE ratio of 4.70.
Fanhua (NASDAQ:FANH – Get Free Report) last issued its earnings results on Wednesday, March 20th. The financial services provider reported ($0.07) earnings per share (EPS) for the quarter. Fanhua had a return on equity of 12.11% and a net margin of 8.67%. The business 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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