Short Interest in Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY) Increases By 696.7%

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY) was the recipient of 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. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 619,600 shares, the short-interest ratio is presently 0.8 days.

Ping An Insurance (Group) Company of China Trading Up 0.2 %

PNGAY stock traded up $0.02 during mid-day trading on Wednesday, reaching $12.15. 109,384 shares of the stock traded hands, compared to its average volume of 244,431. Ping An Insurance has a 52-week low of $7.60 and a 52-week high of $15.80. The stock’s fifty day moving average is $11.80 and its 200-day moving average is $11.75. The company has a market cap of $110.63 billion, a P/E ratio of 6.71 and a beta of 0.41.

Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) last issued 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). Ping An Insurance (Group) Company of China had a net margin of 10.66% and a return on equity of 9.32%. The firm had revenue of $38.87 billion during the quarter. Equities research analysts expect that Ping An Insurance will post 2.12 earnings per share 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.