Huize (NASDAQ:HUIZ) Trading Up 4.4% – What’s Next?

Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) traded up 4.4% during trading on Friday . The company traded as high as $3.32 and last traded at $3.32. Approximately 1,599 shares were traded during trading, a decline of 82% from the average session volume of 8,984 shares. The stock had previously closed at $3.18.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Huize in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Huize has a consensus rating of “Reduce” and a consensus price target of $2.30.

Huize Stock Performance

The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.02. The firm has a market cap of $33.50 million, a PE ratio of 110.67 and a beta of 0.46. The stock’s 50 day moving average price is $3.51 and its 200 day moving average price is $2.73.

Huize (NASDAQ:HUIZ) last announced its quarterly earnings results on Friday, September 12th. The company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $55.38 million during the quarter. Huize had a return on equity of 4.38% and a net margin of 1.40%.

Huize Company Profile

Huize Holding Limited, together with its subsidiaries, offers online insurance product and service platform through various internet channels in the People's Republic of China. The company provides life and health insurance products, such as critical illness, illness and disease, annuity, and term and whole life insurance products; and property and casualty insurance products, including travel, individual casualty, and corporate liability insurance products.