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Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PIAIF – Get Free Report) rose 8.9% on Friday . The company traded as high as $6.9250 and last traded at $6.9250. Approximately 4,418 shares traded hands during trading, a decline of 73% from the average daily volume of 16,218 shares. The stock had previously closed at $6.36.
Ping An Insurance (Group) Company of China Stock Performance
The business’s 50 day simple moving average is $7.21 and its 200-day simple moving average is $8.06.
About Ping An Insurance (Group) Company of China
Ping An Insurance (Group) Company of China is one of the largest integrated financial services providers in China, headquartered in Shenzhen. Established in 1988, Ping An has grown into a diversified conglomerate, offering a broad range of insurance, banking, asset management and technology-driven financial services. The company is publicly traded on the Hong Kong and Shanghai stock exchanges, and its American depositary receipts are quoted over the counter under the ticker PIAIF.
At the core of Ping An’s operations is its insurance business, which encompasses life insurance, property and casualty insurance, health insurance and pension products.
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