StockNews.com started coverage on shares of Fanhua (NASDAQ:FANH – Get Free Report) in a report issued on Wednesday. The brokerage set a “hold” rating on the financial services provider’s stock.
Fanhua Stock Performance
Fanhua stock opened at $3.20 on Wednesday. The firm has a market cap of $181.57 million, a price-to-earnings ratio of 4.38 and a beta of -0.10. Fanhua has a 1 year low of $3.19 and a 1 year high of $8.79. The firm’s 50 day moving average price is $4.44 and its two-hundred day moving average price is $5.78.
Fanhua (NASDAQ:FANH – Get Free Report) last announced its earnings results on Wednesday, March 20th. The financial services provider reported ($0.07) earnings per share (EPS) for the quarter. Fanhua had a return on equity of 12.11% and a net margin of 8.67%. 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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