ValuEngine Downgrades Ping An Insurance (PNGAY) to Hold
Ping An Insurance (OTCMKTS:PNGAY) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Monday.
Shares of Ping An Insurance (PNGAY) opened at $20.21 on Monday. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.56 and a quick ratio of 0.56. The stock has a market capitalization of $75,276.38, a P/E ratio of 18.89 and a beta of 1.10. Ping An Insurance has a 52-week low of $9.82 and a 52-week high of $22.50.
Ping An Insurance Company Profile
Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries provide various financial products and services focusing on insurance, banking, asset management, and Internet finance businesses primarily in the Peoples Republic of China. Its Life Insurance segment offers a range of life insurance products, including term, whole-life, endowment, annuity, investment-linked, universal life, and healthcare insurance products to individual and corporate customers.
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