StockNews.com Begins Coverage on Fanhua (NASDAQ:FANH)

StockNews.com started coverage on shares of Fanhua (NASDAQ:FANHFree Report) in a research report sent to investors on Tuesday morning. The firm issued a hold rating on the financial services provider’s stock.

Fanhua Price Performance

Shares of FANH opened at $3.53 on Tuesday. The company has a market capitalization of $200.29 million, a PE ratio of 4.84 and a beta of -0.10. Fanhua has a one year low of $3.38 and a one year high of $8.79. The company’s fifty day moving average price is $4.52 and its 200 day moving average price is $5.86.

Fanhua (NASDAQ:FANHGet Free Report) last announced its earnings results on Wednesday, March 20th. The financial services provider reported ($0.07) EPS for the quarter. The firm had revenue of $84.99 million during the quarter. Fanhua had a return on equity of 12.11% and a net margin of 8.67%.

About Fanhua

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Fanhua Inc, together with its subsidiary, distributes insurance products in China. It operates through two segments, Insurance Agency and Claims Adjusting. The Insurance Agency segment provides property and casualty insurance products that primarily include individual accident, travel, homeowner, and indemnity medical insurance products; and life insurance products, such as individual health, individual whole life, individual term life, individual endowment life, and individual annuity, as well as participating insurance products.

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