StockNews.com assumed coverage on shares of Fanhua (NASDAQ:FANH – Free Report) in a research report report published on Tuesday. The brokerage issued a hold rating on the financial services provider’s stock.
Fanhua Stock Up 1.1 %
Shares of FANH opened at $3.54 on Tuesday. The business has a 50-day simple moving average of $4.59 and a two-hundred day simple moving average of $5.89. Fanhua has a 52 week low of $3.38 and a 52 week high of $8.91. The stock has a market cap of $200.85 million, a price-to-earnings ratio of 4.85 and a beta of -0.10.
Fanhua (NASDAQ:FANH – Get Free Report) last announced its quarterly earnings data on Wednesday, March 20th. The financial services provider reported ($0.07) earnings per share (EPS) for the quarter. Fanhua had a net margin of 8.67% and a return on equity of 12.11%. The company 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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