Huize (NASDAQ:HUIZ) Stock Falls 2.2% – What’s Next?

Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ – Get Free Report) shares were down 2.2% on Friday. The stock traded as low as $1.3208 and last traded at $1.33. Approximately 9,001 shares were traded during trading, a decline of 74% from the average session volume of 35,029 shares. The stock had previously closed at $1.36.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Huize from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

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Huize Price Performance

The firm has a market cap of $13.42 million, a PE ratio of 44.33 and a beta of 0.97. The business has a fifty day moving average price of $1.42 and a two-hundred day moving average price of $1.45.

Huize (NASDAQ:HUIZ – Get Free Report) last announced its quarterly earnings data on Saturday, August 15th. The company reported $0.14 earnings per share (EPS) for the quarter. The business had revenue of $52.98 million during the quarter.

Huize Company Profile

(Get Free Report)

Huize Limited is a China-based digital insurance platform that helps consumers research, compare and purchase insurance products online. The company operates through a technology-enabled model that connects individuals and families with insurance carriers and supports the distribution of protection products through digital channels.

Huize primarily focuses on life and health insurance, including products designed to provide medical, critical illness and long-term protection. Its platform also offers insurance-related services such as policy consultation, customer support and claims assistance, while using data and technology to help match consumers with products suited to their needs.

Founded in 2006, Huize serves customers in China and has developed relationships with multiple insurance providers.

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