Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY - Get Free Report) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 128,300 shares, an increase of 2,320.8% from the April 30th total of 5,300 shares. Based on an average daily trading volume, of 402,600 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold.
Ping An Insurance (Group) Company of China Stock Performance
PNGAY traded up $0.09 during trading on Monday, reaching $11.75. The stock had a trading volume of 151,487 shares, compared to its average volume of 231,752. Ping An Insurance has a one year low of $8.16 and a one year high of $15.80. The business has a 50-day moving average of $11.65 and a 200-day moving average of $11.68. The stock has a market cap of $106.99 billion, a PE ratio of 6.49 and a beta of 0.33.
Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY - Get Free Report) last issued its quarterly earnings results on Friday, April 25th. The company reported $0.40 earnings per share 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%. The business had revenue of $35.29 billion for the quarter. Equities research 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 company also recently announced a dividend, which will be paid on Thursday, July 10th. Investors of record on Monday, May 19th will be given a $0.3797 dividend. This represents a dividend yield of 7.71%. This is an increase from Ping An Insurance (Group) Company of China's previous dividend of $0.22. The ex-dividend date is Friday, May 16th. Ping An Insurance (Group) Company of China's dividend payout ratio is presently 42.13%.
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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