Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $11.85 and traded as low as $10.93. Ping An Insurance (Group) Company of China shares last traded at $11.03, with a volume of 213,404 shares changing hands.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group downgraded shares of Ping An Insurance (Group) Company of China from a "buy" rating to a "hold" rating in a report on Tuesday, October 22nd.
Check Out Our Latest Stock Analysis on Ping An Insurance (Group) Company of China
Ping An Insurance (Group) Company of China Stock Down 0.5 %
The company has a current ratio of 0.16, a quick ratio of 0.51 and a debt-to-equity ratio of 0.67. The firm has a market cap of $100.82 billion, a price-to-earnings ratio of 6.09 and a beta of 0.41. The firm's 50 day simple moving average is $11.83 and its two-hundred day simple moving average is $10.72.
Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY - Get Free Report) last released its quarterly earnings results on Monday, October 21st. The company reported $0.69 earnings per share for the quarter. The company had revenue of $42.97 billion during the quarter. Ping An Insurance (Group) Company of China had a net margin of 10.66% and a return on equity of 9.32%. On average, equities analysts forecast that Ping An Insurance will post 2.08 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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