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Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY) Short Interest Down 94.7% in March

Ping An Insurance (Group) Company of China logo with Finance background

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY - Get Free Report) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 24,500 shares, a decrease of 94.7% from the March 15th total of 465,300 shares. Based on an average daily trading volume, of 283,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's shares are short sold.

Ping An Insurance (Group) Company of China Price Performance

Shares of Ping An Insurance (Group) Company of China stock traded down $0.02 during midday trading on Friday, reaching $11.14. The company had a trading volume of 239,639 shares, compared to its average volume of 252,640. The stock has a fifty day moving average price of $11.82 and a 200 day moving average price of $11.89. Ping An Insurance has a fifty-two week low of $7.89 and a fifty-two week high of $15.80. The firm has a market cap of $101.44 billion, a PE ratio of 6.16 and a beta of 0.32.

Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY - Get Free Report) last released its earnings results on Wednesday, March 19th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.07). Ping An Insurance (Group) Company of China had a return on equity of 9.32% and a net margin of 10.66%. The business had revenue of $38.87 billion for the quarter. As a group, sell-side analysts forecast that Ping An Insurance will post 2.12 EPS for the current year.

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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