Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY) Short Interest Update

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 465,300 shares, an increase of 696.7% from the February 28th total of 58,400 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 619,600 shares, the short-interest ratio is presently 0.8 days.

Ping An Insurance (Group) Company of China Price Performance

Shares of OTCMKTS PNGAY traded up $0.16 during mid-day trading on Friday, hitting $12.31. The company’s stock had a trading volume of 205,453 shares, compared to its average volume of 243,758. The company’s fifty day simple moving average is $11.84 and its 200-day simple moving average is $11.78. Ping An Insurance has a one year low of $7.60 and a one year high of $15.80. The stock has a market cap of $112.08 billion, a price-to-earnings ratio of 6.80 and a beta of 0.41.

Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) last posted its quarterly earnings results on Wednesday, March 19th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.07). Ping An Insurance (Group) Company of China had a return on equity of 9.32% and a net margin of 10.66%. The company had revenue of $38.87 billion during the quarter. On average, sell-side analysts predict that Ping An Insurance will post 2.12 EPS for the current year.

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.