AIFU (NASDAQ:AIFU) Stock Rating Raised to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of AIFU (NASDAQ:AIFU – Free Report) from a sell rating to a hold rating in a research note released on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings lowered shares of AIFU from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, AIFU currently has an average rating of “Sell”.

Read Our Latest Analysis on AIFU

AIFU Stock Down 8.1%

AIFU stock opened at $10.22 on Friday. The company has a market cap of $63.16 million, a price-to-earnings ratio of 0.04 and a beta of 0.99. The business has a fifty day simple moving average of $21.27 and a 200-day simple moving average of $31.62. AIFU has a 52 week low of $8.17 and a 52 week high of $117.40.

AIFU (NASDAQ:AIFU – Get Free Report) last posted its quarterly earnings results on Tuesday, September 29th. The company reported $0.61 earnings per share (EPS) for the quarter. The firm had revenue of $16.65 million for the quarter.

About AIFU

(Get Free Report)

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.

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