Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) Stock Passes Above Fifty Day Moving Average of $8.74

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $8.74 and traded as high as $10.02. Ping An Insurance (Group) Company of China shares last traded at $10.01, with a volume of 266,514 shares traded.

Ping An Insurance (Group) Company of China Price Performance

The company has a debt-to-equity ratio of 0.78, a current ratio of 0.52 and a quick ratio of 0.52. The stock’s fifty day simple moving average is $8.75 and its 200-day simple moving average is $8.97. The company has a market capitalization of $93.69 billion, a P/E ratio of 7.82 and a beta of 0.44.

Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) last announced its quarterly earnings data on Tuesday, April 23rd. The company reported $0.57 earnings per share (EPS) for the quarter. Ping An Insurance (Group) Company of China had a net margin of 8.22% and a return on equity of 6.80%. The business had revenue of $38.53 billion for the quarter. On average, equities analysts forecast that Ping An Insurance will post 1.98 earnings per share for the current fiscal year.

Ping An Insurance (Group) Company of China Company Profile

Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and technology businesses in the People's Republic of China. The company operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Technology segments.