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

StockNews.com assumed coverage on shares of Fanhua (NASDAQ:FANHGet Free Report) in a report issued on Tuesday. The brokerage set a “hold” rating on the financial services provider’s stock.

Fanhua Stock Up 0.3 %

NASDAQ FANH opened at $3.55 on Tuesday. The company has a fifty day moving average of $4.55 and a two-hundred day moving average of $5.87. The firm has a market capitalization of $201.43 million, a price-to-earnings ratio of 4.86 and a beta of -0.10. Fanhua has a 52 week low of $3.38 and a 52 week 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) EPS for the quarter. The firm had revenue of $84.99 million for the quarter. Fanhua had a return on equity of 12.11% and a net margin of 8.67%.

Fanhua Company Profile

(Get Free Report)

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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