Shares of Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY - Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $11.62 and traded as high as $12.21. Ping An Insurance (Group) Company of China shares last traded at $12.16, with a volume of 91,546 shares trading hands.
Ping An Insurance (Group) Company of China Price Performance
The business has a fifty day moving average price of $11.73 and a two-hundred day moving average price of $11.71. The firm has a market cap of $111.08 billion, a PE ratio of 6.74 and a beta of 0.33.
Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY - Get Free Report) last issued its earnings results on Friday, April 25th. The company reported $0.40 EPS for the quarter. Ping An Insurance (Group) Company of China had a return on equity of 9.32% and a net margin of 10.66%. The firm had revenue of $35.29 billion for the quarter. As a group, sell-side analysts forecast that Ping An Insurance will post 2.12 EPS for the current fiscal year.
Ping An Insurance (Group) Company of China Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, July 10th. Stockholders of record on Monday, May 19th will be paid a dividend of $0.3797 per share. This represents a dividend yield of 7.71%. The ex-dividend date is Friday, May 16th. This is an increase from Ping An Insurance (Group) Company of China's previous dividend of $0.22. Ping An Insurance (Group) Company of China's dividend payout ratio is 42.13%.
About Ping An Insurance (Group) Company 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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