Ping An Insurance Co. of China Ltd. (OTCMKTS:PNGAY - Get Free Report)'s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $13.93 and traded as high as $14.36. Ping An Insurance Co. of China shares last traded at $14.33, with a volume of 123,560 shares traded.
Ping An Insurance Co. of China Stock Up 0.2%
The business has a 50-day moving average price of $14.07 and a 200-day moving average price of $12.71. The company has a market capitalization of $132.75 billion, a price-to-earnings ratio of 7.97 and a beta of 0.36. The company has a quick ratio of 0.49, a current ratio of 0.47 and a debt-to-equity ratio of 0.59.
Ping An Insurance Co. of China (OTCMKTS:PNGAY - Get Free Report) last announced its earnings results on Tuesday, August 26th. The company reported $0.63 earnings per share (EPS) for the quarter. The company had revenue of $40.08 billion for the quarter. Ping An Insurance Co. of China had a return on equity of 9.12% and a net margin of 10.59%. As a group, equities analysts anticipate that Ping An Insurance Co. of China Ltd. will post 2.12 earnings per share for the current fiscal year.
Ping An Insurance Co. of China Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, November 3rd. Stockholders of record on Friday, September 12th will be issued a dividend of $0.219 per share. The ex-dividend date of this dividend is Thursday, September 11th. This represents a dividend yield of 424.0%. Ping An Insurance Co. of China's dividend payout ratio is currently 24.04%.
Ping An Insurance Co. of China Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Ping An Insurance Co. of China, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ping An Insurance Co. of China wasn't on the list.
While Ping An Insurance Co. of China currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
