Somewhat Critical News Coverage Somewhat Unlikely to Impact Fanhua (NASDAQ:FANH) Share Price

Press coverage about Fanhua (NASDAQ:FANH) has been trending somewhat negative on Wednesday, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Fanhua earned a news impact score of 0.00 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 45.2242558446741 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Separately, ValuEngine cut shares of Fanhua from a “buy” rating to a “hold” rating in a report on Thursday, July 13th.

Shares of Fanhua (FANH) opened at 8.76 on Wednesday. The firm has a 50-day moving average of $8.84 and a 200-day moving average of $8.75. Fanhua has a one year low of $6.79 and a one year high of $10.35. The stock has a market cap of $510.45 million, a PE ratio of 17.42 and a beta of 0.98.

Fanhua (NASDAQ:FANH) last posted its quarterly earnings results on Monday, May 22nd. The financial services provider reported $0.17 EPS for the quarter. Fanhua had a net margin of 3.92% and a return on equity of 6.11%. The business had revenue of $213.18 million during the quarter. On average, equities research analysts expect that Fanhua will post $0.78 earnings per share for the current fiscal year.

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About Fanhua

Fanhua Inc, formerly CNinsure Inc, is an independent online-to-offline financial services provider in China. The Company distributes a range of property, casualty and life insurance products underwritten by domestic and foreign insurance companies operating in China to individual and institutional customers, and provides insurance claims adjusting services.