China Life Insurance Co. (NYSE:LFC) shares gapped up prior to trading on Friday . The stock had previously closed at $11.76, but opened at $12.02. China Life Insurance shares last traded at $12.39, with a volume of 277,744 shares changing hands.

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

The firm has a market cap of $69.81 billion and a price-to-earnings ratio of 13.42. The company’s 50-day moving average price is $11.73 and its 200-day moving average price is $11.43.

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