On 3/11/24, Fanhua Inc (NASDAQ: FANH) stock enjoyed a major increase of 13.6%, closing at $5.51. Moreover, this advance was accompanied by exceptionally high trading volume at 417% of normal. Relative to the market the stock has been weak over the last nine months but has risen 22.4% during the last week.
Current PriceTarget Research Rating
FANH’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Fanhua has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Fanhua has a neutral Appreciation Score of 48 and a slightly negative Power Rating of 32, and the Negative Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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