Shares of Ping An Insurance Co. of China Ltd. (OTCMKTS:PNGAY - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $11.83 and traded as high as $12.09. Ping An Insurance Co. of China shares last traded at $11.95, with a volume of 111,387 shares.
Ping An Insurance Co. of China Stock Performance
The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.60. The business's 50 day moving average is $11.88 and its 200 day moving average is $11.72. The stock has a market capitalization of $109.76 billion, a PE ratio of 6.77 and a beta of 0.33.
Ping An Insurance Co. of China (OTCMKTS:PNGAY - Get Free Report) last released its quarterly earnings results on Friday, April 25th. The company reported $0.40 EPS for the quarter. Ping An Insurance Co. of China had a net margin of 10.42% and a return on equity of 9.02%. The firm had revenue of $35.29 billion during the quarter. On average, equities research analysts predict 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 Increases Dividend
The company also recently declared a dividend, which will be paid on Thursday, July 10th. Investors of record on Monday, May 19th will be paid a dividend of $0.3797 per share. The ex-dividend date is Friday, May 16th. This is a boost from Ping An Insurance Co. of China's previous dividend of $0.22. This represents a dividend yield of 7.71%. Ping An Insurance Co. of China's payout ratio is currently 42.70%.
About Ping An Insurance Co. of China
(
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.
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