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Is it Time to Dump Fanhua Inc (FANH) Stock After it Has Fallen 3.21% in a Week?

Thursday, January 20, 2022 03:40 PM | InvestorsObserver Analysts
Is it Time to Dump Fanhua Inc (FANH) Stock After it Has Fallen 3.21% in a Week?

The market has been down on Fanhua Inc (FANH) stock recently. FANH gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Fanhua Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on FANH!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 is trading at $6.94 as of 3:36 PM on Thursday, Jan 20, a loss of -$0.13, or -1.84% from the previous closing price of $7.07. The stock has traded between $6.84 and $7.20 so far today. Volume today is light. So far 21,479 shares have traded compared to average volume of 106,355 shares. 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.

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