Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) Stock Price Passes Above 50-Day Moving Average of $8.70

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $8.70 and traded as high as $8.84. Ping An Insurance (Group) Company of China shares last traded at $8.74, with a volume of 277,131 shares traded.

Ping An Insurance (Group) Company of China Stock Performance

The firm has a fifty day simple moving average of $8.70 and a 200-day simple moving average of $9.04. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.78. The stock has a market cap of $79.88 billion, a price-to-earnings ratio of 6.43 and a beta of 0.48.

Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) last issued its earnings results on Thursday, March 21st. The company reported ($0.03) EPS for the quarter. The business had revenue of $33.22 billion for the quarter. Ping An Insurance (Group) Company of China had a net margin of 8.40% and a return on equity of 7.01%. Analysts forecast that Ping An Insurance will post 1.98 EPS for the current fiscal year.

Ping An Insurance (Group) Company of China Company Profile

Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and technology businesses in the People's Republic of China. The company operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Technology segments.