AIFU (NASDAQ:AIFU) Issues Earnings Results

AIFU (NASDAQ:AIFU) posted its quarterly earnings results on Tuesday. The company reported $0.61 earnings per share (EPS) for the quarter, reports. The business had revenue of $16.65 million for the quarter.

AIFU Stock Performance

AIFU stock opened at $10.83 on Wednesday. AIFU has a fifty-two week low of $8.17 and a fifty-two week high of $117.40. The stock’s 50 day simple moving average is $22.69 and its two-hundred day simple moving average is $32.17. The stock has a market cap of $66.93 million, a price-to-earnings ratio of 0.05 and a beta of 0.95.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on AIFU shares. Wall Street Zen upgraded AIFU to a “sell” rating in a research report on Saturday, August 29th. Weiss Ratings upgraded AIFU from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About AIFU

AIFU Inc is a China-based financial services company that operates primarily through insurance distribution and related financial services. The company provides insurance products and services to individuals and businesses through its sales and service network, with offerings generally spanning life, health, property and casualty, and other insurance categories.

The company was formerly known as Fanhua Inc and has a history in China’s insurance intermediary industry dating back to the late 1990s.