Investment analysts at StockNews.com started coverage on shares of Fanhua (NASDAQ:FANH – Get Free Report) in a research note issued on Thursday. The brokerage set a “hold” rating on the financial services provider’s stock.
Fanhua Price Performance
NASDAQ:FANH opened at $3.30 on Thursday. The company has a market capitalization of $187.13 million and a P/E ratio of 4.52. The business has a fifty day simple moving average of $4.20 and a two-hundred day simple moving average of $5.60. Fanhua has a 1 year low of $3.13 and a 1 year high of $8.79.
Fanhua (NASDAQ:FANH – Get Free Report) last released its quarterly earnings data on Wednesday, March 20th. The financial services provider reported ($0.07) earnings per share (EPS) for the quarter. Fanhua had a net margin of 8.67% and a return on equity of 12.11%. The company had revenue of $84.99 million for the quarter.
About Fanhua
Fanhua Inc, together with its subsidiary, distributes insurance products in China. It operates through two segments, Insurance Agency and Claims Adjusting. The Insurance Agency segment provides property and casualty insurance products that primarily include individual accident, travel, homeowner, and indemnity medical insurance products; and life insurance products, such as individual health, individual whole life, individual term life, individual endowment life, and individual annuity, as well as participating insurance products.
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