Do Traders Think Fanhua Inc (FANH) Can Keep Climbing Friday?

Fanhua Inc (FANH) stock is higher by 17.47% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Fanhua Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FANH!

See Full FANH Report

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With FANH Stock Today?

Fanhua Inc (FANH) stock has gained 11.3% while the S&P 500 has fallen -0.61% as of 10:34 AM on Friday, Dec 2. FANH is higher by $0.57 from the previous closing price of $5.01 on volume of 33,575 shares. Over the past year the S&P 500 is down -10.22% while FANH has fallen -48.52%. FANH earned $0.11 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 51.97. To screen for more stocks like Fanhua Inc click here.

More About Fanhua Inc

Fanhua Inc is an independent insurance intermediary company operating in China. The company sells insurance product offerings from various insurance companies through their online platforms Lan Zhanggui, Baowang, and eHuzhu. The company's segments include the insurance agency segment, which mainly consists of providing agency services for distributing life insurance products and P&C insurance products on behalf of insurance companies; and the claims adjusting segment, which consists of providing pre-underwriting survey services, claim adjusting services, disposal of residual value services, loading and unloading supervision services, and consulting services. The insurance agency segment contributes to the majority of the revenue. The company generates all of its revenues from China. Click Here to get the full Stock Report for Fanhua Inc stock.