ZhongAn Online P & C Insurance (OTCMKTS:ZZHGF) Shares Down 37.5% – Should You Sell?

Shares of ZhongAn Online P & C Insurance Co., Ltd. (OTCMKTS:ZZHGF) were down 37.5% during trading on Monday . The company traded as low as $1.50 and last traded at $1.50. Approximately 500 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 9,870 shares. The stock had previously closed at $2.40.

ZhongAn Online P & C Insurance Stock Performance

The firm’s 50 day moving average price is $2.36 and its two-hundred day moving average price is $2.39.

About ZhongAn Online P & C Insurance

ZhongAn Online P & C Insurance Co, Ltd., an Internet-based Insurtech company, engages in the provision of internet insurance and insurance information technology services in the People’s Republic of China. The company operates through Insurance, Technology, Banking, and Others segments. It offers critical illness, health, and medical outpatient and emergency insurance; e-commerce insurance; flight accident, flight delay, travel accident, and flight or hotel cancellation insurance; motor insurance; cargo and shipping return insurance; credit and bond insurance; pet, pet food safety, pet transport protection, pet anesthesia accident, and employee accident insurance; liability insurance; and phone screen cracking, drone, and household property insurance solutions.