Fanhua (NASDAQ:FANH) was downgraded by equities researchers at BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Tuesday.
Shares of FANH stock opened at $26.87 on Tuesday. Fanhua has a one year low of $7.31 and a one year high of $33.81. The stock has a market cap of $1,540.82, a PE ratio of 24.72 and a beta of 1.65.
Fanhua (NASDAQ:FANH) last issued its quarterly earnings results on Monday, March 12th. The financial services provider reported $0.31 EPS for the quarter. Fanhua had a net margin of 10.66% and a return on equity of 11.91%. The business had revenue of $106.12 million for the quarter.
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Fanhua Inc distributes insurance products in China. It operates through three segments: Insurance Agency, Insurance Brokerage; and Claims Adjusting. The Insurance Agency segment provides property and casualty insurance products, including automobile, individual accident, travel, disability income, commercial property, construction, and other property and casualty products; and life insurance products that consist of individual whole life, individual term life, individual endowment life, and individual education annuity, as well as group life and participating insurance products.
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