Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY - Get Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 63,000 shares, a decrease of 21.8% from the November 30th total of 80,600 shares. Based on an average daily volume of 439,800 shares, the days-to-cover ratio is currently 0.1 days.
Ping An Insurance (Group) Company of China Price Performance
PNGAY stock traded down $0.18 during trading on Friday, reaching $11.81. 102,361 shares of the company were exchanged, compared to its average volume of 334,511. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.51 and a current ratio of 0.16. The stock's 50 day moving average price is $12.04 and its 200 day moving average price is $10.60. Ping An Insurance has a 52-week low of $7.60 and a 52-week high of $15.80. The company has a market cap of $107.94 billion, a P/E ratio of 6.52 and a beta of 0.41.
Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY - Get Free Report) last announced its quarterly earnings results on Monday, October 21st. The company reported $0.69 EPS for the quarter. 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 $42.97 billion for the quarter. As a group, analysts predict that Ping An Insurance will post 2.08 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group downgraded shares of Ping An Insurance (Group) Company of China from a "buy" rating to a "hold" rating in a research note on Tuesday, October 22nd.
Read Our Latest Stock Report on Ping An Insurance (Group) Company of China
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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