Hallmark Financial Services (NASDAQ:HALL) Downgraded by BidaskClub to Sell
Several other analysts have also commented on HALL. Zacks Investment Research lowered Hallmark Financial Services from a buy rating to a hold rating in a report on Thursday, January 9th. ValuEngine lowered Hallmark Financial Services from a hold rating to a sell rating in a report on Friday, January 3rd. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. Hallmark Financial Services presently has a consensus rating of Hold and a consensus target price of $17.67.
HALL traded down $0.28 during trading on Tuesday, hitting $17.27. The company’s stock had a trading volume of 29,102 shares, compared to its average volume of 56,900. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. Hallmark Financial Services has a twelve month low of $9.65 and a twelve month high of $20.30. The business’s fifty day simple moving average is $17.84 and its 200 day simple moving average is $17.88. The firm has a market capitalization of $309.90 million, a price-to-earnings ratio of 11.14 and a beta of 0.52.
About Hallmark Financial Services
Hallmark Financial Services, Inc, through its subsidiaries, underwrites, markets, distributes, and services property/casualty insurance products to businesses and individuals in the United States. The company operates in the Specialty Commercial, Standard Commercial, and Personal segments. The Specialty Commercial segment markets, underwrites, finances, and services commercial lines of insurance products, including commercial automobile, general liability, commercial property, commercial excess liability, and commercial umbrella insurance products.
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