Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $11.30 and traded as high as $12.64. Ping An Insurance (Group) Company of China shares last traded at $12.32, with a volume of 323,360 shares traded.
Analyst Ratings Changes
Separately, Jefferies Financial Group lowered Ping An Insurance (Group) Company of China from a "buy" rating to a "hold" rating in a research note on Tuesday, October 22nd.
Get Our Latest Analysis on PNGAY
Ping An Insurance (Group) Company of China Stock Performance
The business has a 50 day simple moving average of $11.30 and a two-hundred day simple moving average of $10.02. The company has a current ratio of 0.50, a quick ratio of 0.51 and a debt-to-equity ratio of 0.65.
Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY - Get Free Report) last announced its quarterly earnings results on Thursday, August 22nd. The company reported $0.58 earnings per share (EPS) for the quarter. The firm had revenue of $38.42 billion during the quarter. Ping An Insurance (Group) Company of China had a return on equity of 9.38% and a net margin of 10.66%. Analysts expect that Ping An Insurance will post 2.08 earnings per share for the current fiscal year.
Ping An Insurance (Group) Company of China Cuts Dividend
The business also recently announced a dividend, which was paid on Monday, October 28th. Shareholders of record on Thursday, September 5th were paid a $0.215 dividend. The ex-dividend date was Thursday, September 5th. Ping An Insurance (Group) Company of China's payout ratio is currently 23.76%.
About Ping An Insurance (Group) Company of China
(
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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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