Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) Reaches New 52-Week High at $14.65

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY) reached a new 52-week high during trading on Wednesday . The company traded as high as $14.65 and last traded at $14.57, with a volume of 746705 shares changing hands. The stock had previously closed at $13.00.

Ping An Insurance (Group) Company of China Stock Up 12.1 %

The company has a debt-to-equity ratio of 0.65, a current ratio of 0.50 and a quick ratio of 0.51. The stock has a market cap of $133.17 billion, a price-to-earnings ratio of 11.12 and a beta of 0.42. The firm has a 50 day simple moving average of $9.29 and a two-hundred day simple moving average of $9.32.

Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) last released its quarterly earnings data on Thursday, August 22nd. The company reported $0.58 earnings per share for the quarter. The business had revenue of $38.42 billion for the quarter. Ping An Insurance (Group) Company of China had a net margin of 8.70% and a return on equity of 7.25%. As a group, sell-side analysts expect that Ping An Insurance will post 1.85 EPS for the current year.

Ping An Insurance (Group) Company of China Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, October 28th. Stockholders of record on Thursday, September 5th will be issued a $0.215 dividend. The ex-dividend date of this dividend is Thursday, September 5th. Ping An Insurance (Group) Company of China’s dividend payout ratio (DPR) is 32.82%.

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.