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Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) Share Price Crosses Above Fifty Day Moving Average - Here's What Happened

Ping An Insurance (Group) Company of China logo with Finance background

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $11.79 and traded as high as $12.15. Ping An Insurance (Group) Company of China shares last traded at $11.90, with a volume of 405,880 shares traded.

Ping An Insurance (Group) Company of China Price Performance

The firm has a market capitalization of $108.35 billion, a PE ratio of 6.57 and a beta of 0.33. The business has a 50-day simple moving average of $11.79 and a 200-day simple moving average of $11.75.

Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY - Get Free Report) last posted its quarterly earnings results on Friday, April 25th. The company reported $0.40 earnings per share for the quarter. The firm had revenue of $35.29 billion during the quarter. Ping An Insurance (Group) Company of China had a net margin of 10.66% and a return on equity of 9.32%. On average, research analysts expect that Ping An Insurance will post 2.12 earnings per share for the current year.

Ping An Insurance (Group) Company 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.

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