StockNews.com Begins Coverage on Hallmark Financial Services (NASDAQ:HALL)

Research analysts at StockNews.com initiated coverage on shares of Hallmark Financial Services (NASDAQ:HALL) in a report released on Friday. The brokerage set a “hold” rating on the insurance provider’s stock.

Hallmark Financial Services Stock Performance

Shares of NASDAQ:HALL opened at $0.05 on Friday. The firm has a fifty day moving average price of $0.04 and a 200 day moving average price of $0.02. Hallmark Financial Services has a fifty-two week low of $0.00 and a fifty-two week high of $0.81.

About Hallmark Financial Services

Hallmark Financial Services, Inc underwrites, markets, distributes, and services property/casualty insurance products to businesses and individuals in the United States. The company operates in three segments: Commercial Lines, Personal Lines, and Runoff. The Commercial Lines segment offers commercial property/casualty insurance products, including general liability, commercial automobile, commercial property, umbrella, commercial multi-peril, and business owners' insurance products, as well as aircraft and aircraft liability products.