Media stories about Fanhua (NASDAQ:FANH) have trended somewhat negative this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fanhua earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave media coverage 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 stock’s share price in the immediate future.
Shares of Fanhua (FANH) traded down 4.45% during midday trading on Friday, hitting $8.38. The company had a trading volume of 103,399 shares. The company has a market capitalization of $488.31 million, a price-to-earnings ratio of 16.56 and a beta of 0.98. Fanhua has a 12-month low of $6.79 and a 12-month high of $10.35. The company’s 50-day moving average price is $8.80 and its 200 day moving average price is $8.76.
Fanhua (NASDAQ:FANH) last posted its earnings results on Monday, May 22nd. The financial services provider reported $0.17 earnings per share for the quarter. The company had revenue of $213.18 million during the quarter. Fanhua had a net margin of 3.92% and a return on equity of 6.11%. Equities research analysts predict that Fanhua will post $0.79 earnings per share for the current fiscal year.
Separately, ValuEngine upgraded Fanhua from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.
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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.
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