Fanhua Inc ADR (NASDAQ:FANH) does about 367.75K shares in volume on a normal day but saw 1230606 shares change hands in the recent trading day. The company now has a market cap of 102.08M USD. Its current market price is $1.80, marking an increase of 17.65% compared to the previous close of $1.53. The 52 week high reached by this stock is $7.54 whilst the lowest price level in 52 weeks is $1.04.
Fanhua Inc ADR (FANH) has a 20-day trading average at $1.2970 and the current price is -76.13% off the 52-week high compared with 73.08% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.3458 and its 200-day simple moving average is $3.4455. If we look at the stock’s price movements over the week, volatility stands at 11.79%, which decreases to 8.52% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 72.51 to suggest the stock is overbought.
The consensus objective for the share price is $5.99, suggesting that the stock has a potential upside of 69.95% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 18, 2020 when Morgan Stanley resumed the stock to “Equal-Weight” and issued a price target of $23.
The current price level is 41.96%, 34.15%, and -48.13% away from its SMA20, SMA50, and SMA200 respectively, with the FANH price moving below the 50-day SMA on current market day. Fanhua Inc ADR (FANH) stock is up 26.76% over the week and 41.73% over the past month. Its price is -72.93% year-to-date and -75.54% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0.49 for whole year. Expected sales for next quarter are $667.36M, which analysts say will come at $386.27M for the current fiscal year and next year at $431.92M. In addition, estimates put the company’s current quarterly revenue at an average of $376.15M.
To reach the target analysts have set, the stock logically needs to grow 69.95 percent from here.
The company has a return on investment of 12.90% and return on equity of 14.77%. The price to earnings ratio (P/E ratio) amounts to 2.49. The beta has a value of -0.00. Price to book ratio is 0.35 and price to sales ratio is 0.23.
