Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY) Short Interest Down 94.7% in March

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 24,500 shares, a decline of 94.7% from the March 15th total of 465,300 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 283,000 shares, the days-to-cover ratio is currently 0.1 days.

Ping An Insurance (Group) Company of China Trading Up 1.8 %

PNGAY stock traded up $0.20 during mid-day trading on Tuesday, reaching $11.25. The company’s stock had a trading volume of 219,644 shares, compared to its average volume of 253,969. The company’s 50 day moving average is $11.84 and its two-hundred day moving average is $11.92. Ping An Insurance has a fifty-two week low of $7.60 and a fifty-two week high of $15.80. The stock has a market cap of $102.43 billion, a PE ratio of 6.22 and a beta of 0.32.

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

About Ping An Insurance (Group) Company of China

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.