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Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) Stock Price Crosses Below 50 Day Moving Average - Time to Sell?

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

Shares of Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY - Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $11.80 and traded as low as $11.60. Ping An Insurance (Group) Company of China shares last traded at $11.86, with a volume of 210,329 shares.

Ping An Insurance (Group) Company of China Trading Up 1.2 %

The stock has a 50 day simple moving average of $11.80 and a 200-day simple moving average of $11.75. The firm has a market cap of $109.81 billion, a PE ratio of 6.66 and a beta of 0.33.

Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY - Get Free Report) last released its earnings results on Friday, April 25th. The company reported $0.40 earnings per share (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 during the quarter. On average, equities research analysts expect that Ping An Insurance will post 2.12 EPS for the current year.

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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