AIFU (NASDAQ:AIFU) Announces Quarterly Earnings Results

AIFU (NASDAQ:AIFU) issued its earnings results on Tuesday. The company reported $0.61 earnings per share (EPS) for the quarter, reports. The firm had revenue of $16.65 million during the quarter.

AIFU Stock Performance

NASDAQ AIFU opened at $10.83 on Wednesday. The stock has a 50-day moving average of $22.69 and a 200 day moving average of $32.17. AIFU has a one year low of $8.17 and a one year high of $117.40. The company has a market capitalization of $66.93 million, a price-to-earnings ratio of 0.05 and a beta of 0.95.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on AIFU shares. Weiss Ratings raised shares of AIFU from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 17th. Wall Street Zen upgraded shares of AIFU to a “sell” rating in a report on Saturday, August 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

AIFU Company Profile

AIFU Inc is a China-based financial services company that operates primarily through insurance distribution and related financial services. The company provides insurance products and services to individuals and businesses through its sales and service network, with offerings generally spanning life, health, property and casualty, and other insurance categories.

The company was formerly known as Fanhua Inc and has a history in China’s insurance intermediary industry dating back to the late 1990s.