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

Investment analysts at StockNews.com initiated coverage on shares of Hallmark Financial Services (NASDAQ:HALL) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the insurance provider’s stock.

Hallmark Financial Services Stock Performance

The company has a 50-day moving average of $0.33 and a 200-day moving average of $0.79. Hallmark Financial Services has a 52 week low of $0.00 and a 52 week high of $6.32.

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.