Huize (NASDAQ:HUIZ) Stock Rating Raised to “Hold” at Zacks Research

Huize (NASDAQ:HUIZ) was upgraded by analysts at Zacks Research to a “hold” rating in a report released on Tuesday, Zacks reports.

Separately, Weiss Ratings raised Huize from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, September 28th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Huize currently has an average rating of “Reduce”.

Huize Stock Down 7.1%

NASDAQ HUIZ opened at $2.35 on Tuesday. The firm’s fifty day simple moving average is $1.50 and its two-hundred day simple moving average is $1.44. Huize has a 12-month low of $1.04 and a 12-month high of $4.05.

Huize (NASDAQ:HUIZ) last issued its quarterly earnings data on Saturday, August 15th. The company reported $0.14 EPS for the quarter. The business had revenue of $52.98 million for the quarter.

Huize Company Profile

Huize Limited is a China-based insurance technology company that operates an online insurance product and service platform. Through its digital channels, the company helps consumers research, compare and purchase insurance products, while providing ongoing policy-management and customer-support services.

Huize primarily focuses on protection and long-term insurance products, including life, health, critical illness, medical and accident coverage. The company also works with insurance carriers by providing digital distribution, customer acquisition and technology-enabled services designed to support the marketing and sale of insurance products.

Founded in 2006 and headquartered in Shenzhen, China, Huize serves consumers and insurance partners in the Chinese market.