Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY - Get Free Report) was downgraded by analysts at Jefferies Financial Group from a "buy" rating to a "hold" rating in a research note issued to investors on Tuesday, MarketBeat reports.
Ping An Insurance (Group) Company of China Stock Performance
OTCMKTS PNGAY traded down $0.31 on Tuesday, hitting $12.50. 234,780 shares of the company were exchanged, compared to its average volume of 365,801. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.50 and a quick ratio of 0.51. Ping An Insurance has a twelve month low of $7.60 and a twelve month high of $15.80. The company's 50 day moving average price is $10.71 and its 200-day moving average price is $9.80.
Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY - Get Free Report) last posted its quarterly earnings data on Thursday, August 22nd. The company reported $0.58 earnings per share for the quarter. Ping An Insurance (Group) Company of China had a net margin of 8.70% and a return on equity of 7.25%. The firm had revenue of $38.42 billion for the quarter. Analysts anticipate that Ping An Insurance will post 1.93 earnings per share for the current year.
Ping An Insurance (Group) Company of China Company Profile
(
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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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