Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Fanhua Inc (NASDAQ: FANH) weakened during the last several trading days. FANH’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Fanhua Inc (NASDAQ: FANH) stock rose slightly by 0.3% on 5/3/24. The stock closed at $3.43. Moreover, this advance was accompanied by exceptionally high trading volume at 807% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -2.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, FANH is expected to continue to be a modest Value Builder.
Fanhua has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Fanhua has a good Appreciation Score of 75 but a very low Power Rating of 8, with the Negative Value Trend Rating the result.
Be the first to comment