AIFU (NASDAQ:AIFU) Raised to “Hold” at Wall Street Zen

AIFU (NASDAQ:AIFU) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings lowered AIFU from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, September 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

AIFU Stock Performance

AIFU opened at $10.22 on Friday. The stock has a market cap of $165.36 million, a price-to-earnings ratio of 0.04 and a beta of 0.99. The stock’s 50 day moving average price is $21.27 and its 200-day moving average price is $31.58. AIFU has a one year low of $8.17 and a one year high of $117.40.

AIFU (NASDAQ:AIFU) last issued its quarterly earnings results on Tuesday, September 29th. The company reported $0.61 earnings per share (EPS) for the quarter. The business had revenue of $16.65 million for the quarter.

AIFU Company Profile

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.