Fanhua (NASDAQ:FANH) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Fanhua (NASDAQ:FANHFree Report) in a research report report published on Tuesday morning. The firm issued a hold rating on the financial services provider’s stock.

Fanhua Trading Down 3.1 %

Shares of FANH opened at $3.42 on Tuesday. The firm has a market cap of $194.05 million, a PE ratio of 4.68 and a beta of -0.10. The company’s 50 day simple moving average is $4.48 and its 200-day simple moving average is $5.83. Fanhua has a 12-month low of $3.38 and a 12-month high of $8.79.

Fanhua (NASDAQ:FANHGet Free Report) last posted its quarterly earnings data on Wednesday, March 20th. The financial services provider reported ($0.07) earnings per share for the quarter. Fanhua had a net margin of 8.67% and a return on equity of 12.11%. The firm had revenue of $84.99 million during the quarter.

About Fanhua

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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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