Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) Posts Earnings Results

Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) announced its quarterly earnings results on Wednesday. The company reported $0.11 earnings per share for the quarter, Zacks reports. Ping An Insurance (Group) Company of China had a net margin of 10.66% and a return on equity of 9.32%.

Ping An Insurance (Group) Company of China Stock Performance

Shares of OTCMKTS:PNGAY traded down $0.23 during midday trading on Wednesday, hitting $13.03. 93,368 shares of the company’s stock traded hands, compared to its average volume of 254,939. The company has a market cap of $118.64 billion, a PE ratio of 7.20 and a beta of 0.41. The firm’s fifty day moving average price is $11.59 and its two-hundred day moving average price is $11.62. Ping An Insurance has a twelve month low of $7.60 and a twelve month high of $15.80.

Ping An Insurance (Group) Company of China Company Profile

Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and technology businesses in the People's Republic of China. The company operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Technology segments.