Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) Share Price Crosses Above Fifty Day Moving Average of $8.74

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $8.74 and traded as high as $10.02. Ping An Insurance (Group) Company of China shares last traded at $10.01, with a volume of 266,514 shares changing hands.

Ping An Insurance (Group) Company of China Price Performance

The company has a debt-to-equity ratio of 0.78, a current ratio of 0.52 and a quick ratio of 0.52. The company has a fifty day moving average of $8.75 and a 200-day moving average of $8.97. The firm has a market cap of $93.69 billion, a P/E ratio of 7.82 and a beta of 0.44.

Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) last announced its earnings results on Tuesday, April 23rd. The company reported $0.57 EPS for the quarter. The company had revenue of $38.53 billion during the quarter. Ping An Insurance (Group) Company of China had a net margin of 8.22% and a return on equity of 6.80%. On average, sell-side analysts anticipate that Ping An Insurance will post 1.98 EPS for the current fiscal year.

Ping An Insurance (Group) Company of China Company Profile

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.