Fanhua Inc. (FANH) stock declined over -0.65%, trading at $1.53 on NASDAQ, down from the previous close of $1.54. The stock opened at $1.54, fluctuating between $1.52 and $1.60 in the recent session.
Fanhua Inc., together with its subsidiary, distributes insurance products in China. It operates through two segments, Insurance Agency and Claims Adjusting. The Insurance Agency segment provides property and casualty insurance products that primarily include individual accident, travel, homeowner, and indemnity medical insurance products; and life insurance products, such as individual health, individual whole life, individual term life, individual endowment life, and individual annuity, as well as participating insurance products. The Claims Adjusting segment offers pre-underwriting survey, claims adjusting, residual value disposal, loading and unloading supervision, and consulting services. The company also operates baoxian.com, an online insurance platform, which allows customers to search for, and purchase a range of insurance products; Lan Zhanggui, an all-in-one insurance sales and service platform; ehuzhu.com, an online mutual aid platform; and Chetong.net, an online claims services resource aggregating platform, as well as Fanhua RONS DOP, a digital marketing platform; Fanhua RONS Guanjia, a customer service platform; and Fanhua WeCom that enables agents to directly interact with existing and potential customers. It serves customers through insurance sales and service group, and insurance agencies, as well as sales and service branches and outlets, registered independent sales agents, and in-house claims adjustors. The company was formerly known as CNinsure Inc. and changed its name to Fanhua Inc. in December 2016. Fanhua Inc. was founded in 1998 and is headquartered in Guangzhou, China.
Employees | 4664 |
Beta | 0.01 |
Sales or Revenue | $3.20B |
5Y Sales Change% | 0.058% |
Fiscal Year Ends | December |
Sector | Financial Services |
Industry | Insurance - Brokers |
Fanhua Inc. (NASDAQ: FANH) stock price is $1.53 in the last trading session. During the trading session, FANH stock reached the peak price of $1.60 while $1.52 was the lowest point it dropped to. The percentage change in FANH stock occurred in the recent session was -0.65% while the dollar amount for the price change in FANH stock was -$0.01.
The NASDAQ listed FANH is part of Insurance - Brokers industry that operates in the broader Financial Services sector. Fanhua Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Mr. Lichong Liu
Vice President & Chief Operating Officer
Ms. Oasis Qiu
Investor Relations Mang.
Mr. Jun Li
Vice President & Chief Digital Officer
Mr. Yinan Hu
Founder, Chief Executive Officer & Co-Chairman
Mr. Lincoln E. Benet
Co-Chairman of Directors & Chief Strategy Officer
Mr. Peng Ge
Chief Financial Officer & Executive Director
FANH's closing price is 47.12% higher than its 52-week low of $1.04 where as its distance from 52-week high of $7.48 is -79.55%.
Number of FANH employees currently stands at 4,664.
Official Website of FANH is: https://www.fanhuaholdings.com
FANH could be contacted at phone 862 083 886888 and can also be accessed through its website. FANH operates from Pearl River Tower, Guangzhou, 510623, China.
FANH stock volume for the day was 127.5K shares. The average number of FANH shares traded daily for last 3 months was 315.03K.
The market value of FANH currently stands at $86.76M with its latest stock price at $1.53 and 56.71M of its shares outstanding.
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