Shares of Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY - Get Free Report) passed 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.
Ping An Insurance (Group) Company of China Trading Down 2.2%
The company has a market cap of $111.08 billion, a price-to-earnings ratio of 6.74 and a beta of 0.33. The stock has a 50-day simple moving average of $11.69 and a 200-day simple moving average of $11.70.
Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY - Get Free Report) last issued its quarterly earnings data on Friday, April 25th. The company reported $0.40 earnings per share for the quarter. The business had revenue of $35.29 billion for the quarter. Ping An Insurance (Group) Company of China had a net margin of 10.66% and a return on equity of 9.32%. As a group, research analysts expect 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 $0.3797 dividend. This is a positive change from Ping An Insurance (Group) Company of China's previous dividend of $0.22. This represents a dividend yield of 7.71%. The ex-dividend date of this dividend is Friday, May 16th. Ping An Insurance (Group) Company of China's dividend payout ratio is currently 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.
Read More
Before you consider Ping An Insurance (Group) Company 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 (Group) Company of China wasn't on the list.
While Ping An Insurance (Group) Company of China currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
