Stock Rating Upgrade
The Value Trend Rating for Fanhua Inc (NASDAQ: FANH) improved in recent days from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Fanhua Inc (NASDAQ: FANH) stock closed at $3.50 on 4/19/24 after a large increase of 2.6%. However, exceptionally low trading volume at 32% of normal accompanied the advance. The stock has declined -15.9% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, FANH is expected to continue to be a modest Value Builder.
Fanhua has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Fanhua has a good Appreciation Score of 73 but a poor Power Rating of 16, triggering the Low Neutral Value Trend Rating.
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