China Life Insurance Co. (LFC) Trading 2.7% Higher
China Life Insurance Co. (NYSE:LFC) traded up 2.7% during mid-day trading on Thursday . The stock traded as high as $12.13 and last traded at $12.07, with a volume of 341,732 shares changing hands. The stock had previously closed at $11.75.
Separately, Zacks Investment Research lowered shares of China Life Insurance from a “hold” rating to a “sell” rating in a research report on Monday, July 25th.
The stock has a market capitalization of $71.18 billion and a PE ratio of 16.71. The firm has a 50-day moving average price of $11.56 and a 200-day moving average price of $11.38.
A hedge fund recently raised its stake in China Life Insurance stock. Bank of Montreal Can boosted its stake in China Life Insurance Co. (NYSE:LFC) by 6.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 64,364 shares of the company’s stock after buying an additional 3,687 shares during the period. Bank of Montreal Can’s holdings in China Life Insurance were worth $1,029,000 as of its most recent SEC filing.
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