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Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) Share Price Crosses Above 50-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) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty 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 trading hands.

Ping An Insurance (Group) Company of China Stock Down 1.1 %

The stock has a market cap of $108.81 billion, a PE ratio of 6.60 and a beta of 0.33. The business's fifty day moving average is $11.81 and its 200 day moving average is $11.74.

Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY - Get Free Report) last released its quarterly earnings data 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 return on equity of 9.32% and a net margin of 10.66%. As a group, analysts predict that Ping An Insurance will post 2.12 EPS 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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