Analysts at StockNews.com initiated coverage on shares of Fanhua (NASDAQ:FANH – Get Free Report) in a research report issued to clients and investors on Thursday. The firm set a “hold” rating on the financial services provider’s stock.
Fanhua Stock Down 1.5 %
Fanhua stock opened at $3.30 on Thursday. The company has a market cap of $187.13 million and a PE ratio of 4.52. Fanhua has a twelve month low of $3.13 and a twelve month high of $8.79. The company’s 50-day moving average price is $4.20 and its 200-day moving average price is $5.60.
Fanhua (NASDAQ:FANH – Get Free Report) last released its earnings results on Wednesday, March 20th. The financial services provider reported ($0.07) EPS for the quarter. Fanhua had a net margin of 8.67% and a return on equity of 12.11%. 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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