StockNews.com Initiates Coverage on Hallmark Financial Services (NASDAQ:HALL)

StockNews.com began coverage on shares of Hallmark Financial Services (NASDAQ:HALL) in a research note released on Wednesday. The firm issued a hold rating on the insurance provider’s stock.

Hallmark Financial Services Price Performance

Shares of HALL opened at $0.05 on Wednesday. Hallmark Financial Services has a 1 year low of $0.00 and a 1 year high of $0.85. The business’s 50 day simple moving average is $0.03 and its 200-day simple moving average is $0.01.

Hallmark Financial Services Company Profile

Hallmark Financial Services, Inc underwrites, markets, distributes, and services property/casualty insurance products to businesses and individuals in the United States. The company operates in three segments: Commercial Lines, Personal Lines, and Runoff. The Commercial Lines segment offers commercial property/casualty insurance products, including general liability, commercial automobile, commercial property, umbrella, commercial multi-peril, and business owners' insurance products, as well as aircraft and aircraft liability products.