CNinsure Inc. (CISG) Sees Unusually-High Trading Volume
Shares of CNinsure Inc. (NASDAQ:CISG) saw strong trading volume on Friday . 353,234 shares changed hands during mid-day trading, an increase of 130% from the previous session’s volume of 153,260 shares.The stock last traded at $8.49 and had previously closed at $8.38.
The stock has a 50 day moving average price of $8.25 and a 200 day moving average price of $7.63. The company has a market capitalization of $498.57 million and a P/E ratio of 23.89.
CNinsure (NASDAQ:CISG) last announced its quarterly earnings results on Thursday, August 18th. The company reported $0.08 earnings per share for the quarter. Analysts anticipate 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.