Ping An Insurance Co. of China Ltd. (OTCMKTS:PNGAY - Get Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $12.14 and traded as high as $12.83. Ping An Insurance Co. of China shares last traded at $12.78, with a volume of 48,937 shares changing hands.
Ping An Insurance Co. of China Trading Down 0.8%
The business has a 50 day simple moving average of $12.16 and a 200-day simple moving average of $11.78. 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 stock has a market capitalization of $116.36 billion, a price-to-earnings ratio of 7.18 and a beta of 0.36.
Ping An Insurance Co. of China (OTCMKTS:PNGAY - Get Free Report) last issued its quarterly earnings results on Friday, April 25th. The company reported $0.40 earnings per share (EPS) for the quarter. Ping An Insurance Co. of China had a return on equity of 9.02% and a net margin of 10.42%. The firm had revenue of $35.29 billion for the quarter. On average, equities analysts predict that Ping An Insurance Co. of China Ltd. will post 2.12 earnings per share for the current year.
Ping An Insurance Co. of China Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, July 10th. Shareholders of record on Monday, May 19th will be paid a $0.3797 dividend. This represents a yield of 7.71%. This is a positive change from Ping An Insurance Co. of China's previous dividend of $0.22. The ex-dividend date is Friday, May 16th. Ping An Insurance Co. of China's dividend payout ratio (DPR) is presently 43.26%.
About Ping An Insurance Co. of China
(
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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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