Hallmark Financial Services (NASDAQ:HALL) Coverage Initiated at StockNews.com

Analysts at StockNews.com initiated coverage on shares of Hallmark Financial Services (NASDAQ:HALL) in a research note issued on Tuesday. The brokerage set a “hold” rating on the insurance provider’s stock.

Hallmark Financial Services Stock Performance

NASDAQ:HALL opened at $0.05 on Tuesday. Hallmark Financial Services has a 52-week low of $0.00 and a 52-week high of $0.85. The business’s fifty day moving average is $0.02 and its 200 day moving average is $0.01.

About Hallmark Financial Services

Hallmark Financial Services, Inc underwrites, markets, distributes, and services property/casualty insurance products to businesses and individuals in the United States. The company operates in three segments: Commercial Lines, Personal Lines, and Runoff. The Commercial Lines segment offers commercial property/casualty insurance products, including general liability, commercial automobile, commercial property, umbrella, commercial multi-peril, and business owners' insurance products, as well as aircraft and aircraft liability products.