Hallmark Financial Services (NASDAQ:HALL) Coverage Initiated by Analysts at StockNews.com

Investment analysts at StockNews.com began coverage on shares of Hallmark Financial Services (NASDAQ:HALL) in a research report issued to clients and investors on Thursday. The firm set a “hold” rating on the insurance provider’s stock.

Hallmark Financial Services Stock Performance

Shares of NASDAQ HALL remained flat at $0.65 during mid-day trading on Thursday. 2,183 shares of the company were exchanged, compared to its average volume of 3,221. Hallmark Financial Services has a fifty-two week low of $0.57 and a fifty-two week high of $6.36. The firm has a market capitalization of $1.36 million, a price-to-earnings ratio of -0.01 and a beta of 1.13. The company has a fifty day moving average of $0.78 and a two-hundred day moving average of $1.16.

About Hallmark Financial Services

Hallmark Financial Services, Inc underwrites, markets, distributes, and services property/casualty insurance products to businesses and individuals in the United States. The company operates in three segments: Commercial Lines, Personal Lines, and Runoff. The Commercial Lines segment offers commercial property/casualty insurance products, including general liability, commercial automobile, commercial property, umbrella, commercial multi-peril, and business owners' insurance products, as well as aircraft and aircraft liability products.