Shares of Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $10.46 and traded as high as $12.39. Ping An Insurance (Group) Company of China shares last traded at $12.26, with a volume of 344,544 shares trading hands.
Ping An Insurance (Group) Company of China Trading Up 4.6 %
The firm has a 50 day moving average of $10.46 and a 200-day moving average of $9.72. The company has a quick ratio of 0.51, a current ratio of 0.50 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $119.74 billion, a P/E ratio of 8.82 and a beta of 0.44.
Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY - Get Free Report) last released its earnings results on Thursday, August 22nd. The company reported $0.58 earnings per share for the quarter. Ping An Insurance (Group) Company of China had a return on equity of 7.25% and a net margin of 8.70%. The firm had revenue of $38.42 billion during the quarter. On average, equities research analysts predict that Ping An Insurance will post 1.93 earnings per share for the current fiscal year.
Ping An Insurance (Group) Company of China Cuts Dividend
The firm also recently announced a dividend, which will be paid on Monday, October 28th. Shareholders of record on Thursday, September 5th will be paid a dividend of $0.215 per share. The ex-dividend date is Thursday, September 5th. Ping An Insurance (Group) Company of China's payout ratio is presently 30.94%.
About Ping An Insurance (Group) Company of China
(
Get Free Report)
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.
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