StockNews.com Begins Coverage on Hallmark Financial Services (NASDAQ:HALL)

StockNews.com started coverage on shares of Hallmark Financial Services (NASDAQ:HALL) in a report released on Thursday. The brokerage issued a hold rating on the insurance provider’s stock.

Hallmark Financial Services Price Performance

NASDAQ:HALL remained flat at $0.65 during trading hours on Thursday. The company’s stock had a trading volume of 2,183 shares, compared to its average volume of 3,221. Hallmark Financial Services has a one year low of $0.57 and a one year high of $6.36. The stock has a fifty day simple moving average of $0.78 and a 200-day simple moving average of $1.16. The stock has a market cap of $1.36 million, a P/E ratio of -0.01 and a beta of 1.13.

Hallmark Financial Services Company Profile

Hallmark Financial Services, Inc underwrites, markets, distributes, and services property/casualty insurance products to businesses and individuals in the United States. The company operates in three segments: Commercial Lines, Personal Lines, and Runoff. The Commercial Lines segment offers commercial property/casualty insurance products, including general liability, commercial automobile, commercial property, umbrella, commercial multi-peril, and business owners' insurance products, as well as aircraft and aircraft liability products.