Stock Rating Upgrade
During the last several trading days the Value Trend Rating for Fanhua Inc (NASDAQ: FANH) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Fanhua Inc (NASDAQ: FANH) stock declined modestly by -1.6% on 5/31/24. The stock closed at $3.20. However, trading volume in this decline was unusually low at 64% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -2.4% 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 C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Fanhua has a good Appreciation Score of 84 but a very low Power Rating of 5, triggering the Low Neutral Value Trend Rating.
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