Huize (NASDAQ:HUIZ) Shares Down 8.8% – Here’s What Happened

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

Huize Stock Down 8.8 %

The stock has a market cap of $31.93 million, a PE ratio of 35.67 and a beta of 0.48. The business’s fifty day moving average is $3.26 and its 200 day moving average is $11.82.

Huize (NASDAQ:HUIZ) last posted its earnings results on Tuesday, December 10th. The company reported $0.04 EPS 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.