Huize (NASDAQ:HUIZ) Stock Price Down 8.8% – What’s Next?

Huize Holding Limited (NASDAQ:HUIZ)’s share price fell 8.8% during mid-day trading on Monday . The company traded as low as $3.00 and last traded at $3.21. 40,960 shares changed hands during trading, an increase of 14% from the average session volume of 35,946 shares. The stock had previously closed at $3.52.

Huize Stock Performance

The stock’s 50 day simple moving average is $3.26 and its 200-day simple moving average is $11.63. The firm has a market cap of $32.03 million, a price-to-earnings ratio of 35.78 and a beta of 0.48.

Huize (NASDAQ:HUIZ) last announced its quarterly earnings results on Tuesday, December 10th. The company reported $0.04 earnings per share for the quarter. Huize had a return on equity of 5.07% and a net margin of 1.75%.

Huize Company Profile

Huize Holding Limited, together with its subsidiaries, offers online insurance product and service platform through various internet channels in the People's Republic of China. The company provides life and health insurance products, such as critical illness, illness and disease, annuity, and term and whole life insurance products; and property and casualty insurance products, including travel, individual casualty, and corporate liability insurance products.