CNinsure Inc. (NASDAQ:CISG) shares dropped 2.3% during trading on Wednesday . The stock traded as low as $7.97 and last traded at $8.05, with a volume of 191,227 shares traded. The stock had previously closed at $8.24.

The company has a 50-day moving average of $8.13 and a 200-day moving average of $7.57. The company has a market capitalization of $472.48 million and a P/E ratio of 22.45.

CNinsure (NASDAQ:CISG) last posted its earnings results on Thursday, August 18th. The company reported $0.08 earnings per share (EPS) for the quarter. Equities research analysts expect that CNinsure Inc. will post $0.39 EPS for the current year.

CNinsure Inc (CNinsure) is an independent online-to-offline financial services provider in China. The Company distributes a range of property, casualty and life insurance products underwritten by domestic and foreign insurance companies operating in China to individual and institutional customers, and provides insurance claims adjusting services.