Shares of PICC Property and Casualty Company Limited (OTCMKTS:PPCCY – Get Free Report) were up 1.2% during trading on Wednesday . The company traded as high as $47.47 and last traded at $47.0480. 15,423 shares were traded during mid-day trading, an increase of 347% from the average session volume of 3,449 shares. The stock had previously closed at $46.50.
PICC Property and Casualty Price Performance
The company’s fifty day simple moving average is $47.01 and its 200 day simple moving average is $48.75.
PICC Property and Casualty Company Profile
PICC Property and Casualty Company Limited (OTCMKTS: PPCCY) is a major provider of property and casualty insurance in the People’s Republic of China. A subsidiary of the state‐owned People’s Insurance Company of China Group, PICC P&C underwrites a broad range of general insurance products tailored to both individual and corporate clients. Its core offerings include motor vehicle insurance, commercial property policies, liability coverage, cargo and marine insurance, as well as specialized solutions for agriculture, credit, and guarantee risks.
In addition to its standard lines of coverage, PICC P&C has expanded into personal lines such as accident and health insurance, and it also provides reinsurance services.
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