Ping An Insurance (PNGAY) Downgraded by ValuEngine to “Hold”

ValuEngine lowered shares of Ping An Insurance (OTCMKTS:PNGAY) from a buy rating to a hold rating in a research note released on Monday morning.

Shares of Ping An Insurance (PNGAY) opened at $20.94 on Monday. The stock has a market cap of $75,276.38, a price-to-earnings ratio of 18.89 and a beta of 1.10. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.79. Ping An Insurance has a fifty-two week low of $9.82 and a fifty-two week high of $22.50.

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About Ping An Insurance

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 People’s 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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