Hallmark Financial Services (NASDAQ:HALL) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Hallmark Financial Services, Inc. (NASDAQ:HALL) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.02 and traded as high as $0.06. Hallmark Financial Services shares last traded at $0.05, with a volume of 2,582 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Hallmark Financial Services in a research report on Monday, May 5th. They issued a “hold” rating on the stock.

Hallmark Financial Services Stock Performance

The firm’s 50-day simple moving average is $0.05 and its 200 day simple moving average is $0.02.

Hallmark Financial Services Company Profile

Hallmark Financial Services, Inc underwrites, markets, distributes, and services property/casualty insurance products to businesses and individuals in the United States. The company operates in three segments: Commercial Lines, Personal Lines, and Runoff. The Commercial Lines segment offers commercial property/casualty insurance products, including general liability, commercial automobile, commercial property, umbrella, commercial multi-peril, and business owners' insurance products, as well as aircraft and aircraft liability products.