Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) Posts Quarterly Earnings Results

Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) issued its earnings results on Wednesday. The company reported $0.11 earnings per share (EPS) for the quarter, Zacks reports. Ping An Insurance (Group) Company of China had a net margin of 10.66% and a return on equity of 9.32%.

Ping An Insurance (Group) Company of China Stock Performance

Shares of Ping An Insurance (Group) Company of China stock traded down $0.23 during trading on Wednesday, hitting $13.03. 93,368 shares of the company’s stock were exchanged, compared to its average volume of 254,939. The business has a 50-day simple moving average of $11.59 and a 200-day simple moving average of $11.62. Ping An Insurance has a 52-week low of $7.60 and a 52-week high of $15.80. The stock has a market capitalization of $118.64 billion, a price-to-earnings ratio of 7.20 and a beta of 0.41.

About Ping An Insurance (Group) Company of China

Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and technology businesses in the People's Republic of China. The company operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Technology segments.