Huize (NASDAQ:HUIZ – Get Free Report) was downgraded by equities researchers at Citigroup from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Monday, MarketBeat.com reports. They presently have a $2.30 price target on the stock, down from their previous price target of $7.20. Citigroup’s target price suggests a potential upside of 9.79% from the stock’s current price.
Huize Trading Up 0.7%
HUIZ stock opened at $2.10 on Monday. The firm has a market cap of $21.14 million, a P/E ratio of 23.28 and a beta of 0.44. Huize has a 12-month low of $1.50 and a 12-month high of $10.58. The stock’s 50 day simple moving average is $2.01 and its 200 day simple moving average is $3.77.
Huize (NASDAQ:HUIZ – Get Free Report) last released its quarterly earnings results on Friday, June 6th. The company reported ($0.12) earnings per share for the quarter. The business had revenue of $39.11 million for the quarter. Huize had a net margin of 1.75% and a return on equity of 5.07%.
Huize Company Profile
Huize Holding Limited, together with its subsidiaries, offers online insurance product and service platform through various internet channels in the People's Republic of China. The company provides life and health insurance products, such as critical illness, illness and disease, annuity, and term and whole life insurance products; and property and casualty insurance products, including travel, individual casualty, and corporate liability insurance products.
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