PICC Property and Casualty (OTCMKTS:PPCCY) Trading Down 0.6% – Here’s Why

PICC Property and Casualty Company Limited (OTCMKTS:PPCCYGet Free Report)’s stock price was down 0.6% during trading on Tuesday . The company traded as low as $51.2220 and last traded at $51.2220. Approximately 1,595 shares changed hands during trading, an increase of 7% from the average daily volume of 1,491 shares. The stock had previously closed at $51.5220.

PICC Property and Casualty Price Performance

The company has a 50-day moving average price of $55.62 and a 200 day moving average price of $56.50.

About PICC Property and Casualty

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PICC Property and Casualty Company Limited (OTCMKTS: PPCCY) is a major provider of property and casualty insurance in the People’s Republic of China. A subsidiary of the state‐owned People’s Insurance Company of China Group, PICC P&C underwrites a broad range of general insurance products tailored to both individual and corporate clients. Its core offerings include motor vehicle insurance, commercial property policies, liability coverage, cargo and marine insurance, as well as specialized solutions for agriculture, credit, and guarantee risks.

In addition to its standard lines of coverage, PICC P&C has expanded into personal lines such as accident and health insurance, and it also provides reinsurance services.

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