Fanhua (FANH) Receiving Somewhat Favorable News Coverage, Analysis Finds
News coverage about Fanhua (NASDAQ:FANH) has been trending somewhat positive on Saturday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fanhua earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.2074336344193 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Separately, ValuEngine downgraded Fanhua from a “buy” rating to a “hold” rating in a report on Monday, October 2nd.
Shares of Fanhua (NASDAQ FANH) opened at $23.54 on Friday. Fanhua has a 1-year low of $6.79 and a 1-year high of $24.98. The firm has a market capitalization of $1,343.34, a PE ratio of 25.04 and a beta of 1.33.
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Fanhua Company Profile
Fanhua Inc, formerly CNinsure Inc, is an independent online-to-offline financial services provider in China. The Company distributes a range of property, casualty and life insurance products underwritten by domestic and foreign insurance companies operating in China to individual and institutional customers, and provides insurance claims adjusting services.
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