CNinsure Inc. (CISG) Stock Price Down 2.6%
CNinsure Inc. (NASDAQ:CISG) was down 2.6% during trading on Monday . The company traded as low as $8.52 and last traded at $8.66, with a volume of 85,608 shares changing hands. The stock had previously closed at $8.89.
The stock has a market cap of $495.52 million and a P/E ratio of 17.80. The company’s 50 day moving average price is $7.62 and its 200 day moving average price is $7.45.
CNinsure (NASDAQ:CISG) last announced its quarterly earnings results on Tuesday, May 24th. The company reported $0.05 earnings per share for the quarter. On average, analysts anticipate that CNinsure Inc. will post $0.39 earnings per share for the current year.
An institutional investor recently raised its position in CNinsure stock. Levin Capital Strategies L.P. raised its position in shares of CNinsure Inc. (NASDAQ:CISG) by 4.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 114,050 shares of the company’s stock after buying an additional 4,900 shares during the period. Levin Capital Strategies L.P. owned about 0.20% of CNinsure worth $1,058,000 at the end of the most recent reporting period.
CNinsure Inc (CNinsure) is an independent online-to-offline financial services provider in China. The Company through its online platforms and offline sales and service network distributes property, casualty and life insurance products underwritten by domestic and foreign insurance companies operating in China and provides insurance claims adjusting services.
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