China Life Insurance Co. (NYSE:LFC)’s share price gapped down before the market opened on Friday . The stock had previously closed at $11.77, but opened at $11.83. China Life Insurance shares last traded at $11.93, with a volume of 194,587 shares changing hands.

Separately, Zacks Investment Research upgraded China Life Insurance from a “sell” rating to a “hold” rating in a research report on Wednesday, May 25th.

The firm’s 50 day moving average is $11.14 and its 200 day moving average is $11.33. The company has a market capitalization of $69.90 billion and a P/E ratio of 16.52.

Other institutional investors have made changes to their positions in the company. First Trust Advisors LP increased its position in shares of China Life Insurance by 15.4% in the fourth quarter. First Trust Advisors LP now owns 94,021 shares of the company’s stock valued at $1,503,000 after buying an additional 12,578 shares during the last quarter. BNP Paribas Arbitrage SA boosted its stake in shares of China Life Insurance by 25.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 91,570 shares of the company’s stock valued at $1,464,000 after buying an additional 18,303 shares during the period. Comerica Bank boosted its stake in shares of China Life Insurance by 4.7% in the fourth quarter. Comerica Bank now owns 80,105 shares of the company’s stock valued at $1,163,000 after buying an additional 3,581 shares during the period. Finally, Bank of Montreal Can boosted its stake in shares of China Life Insurance by 6.1% in the fourth quarter. Bank of Montreal Can now owns 64,364 shares of the company’s stock valued at $1,029,000 after buying an additional 3,687 shares during the period.

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