Ping An Insurance (Group) Company of China (2318)
49.30 HKD -2.60 (-5.01%) Volume: 141.42M
Ping An Insurance (Group) Company of China’s stock price stands at 49.30 HKD, witnessing a drop of -5.01% this trading session with a trading volume of 141.42M, yet showcasing a positive YTD growth of +7.06%, reflecting its resilience in the market.
Latest developments on Ping An Insurance (Group) Company of China
Today, Ping An Insurance (H) stock price experienced significant movements following the company’s announcement of a 48% rise in 2024 profit. This news comes after Ping An Insurance reported a 47.8% increase in net profit for the same year, indicating strong financial performance and growth. Investors are closely monitoring these developments, which may have contributed to the fluctuations in Ping An Insurance (H) stock price today.
Ping An Insurance (Group) Company of China on Smartkarma
Analyst Gaudenz Schneider from Smartkarma has recently published a bullish insight on Ping An Insurance (H) titled “Ping An Insurance (2318 HK): 2024 Earnings, Divergence Between Option-Implied And Historic Move”. The research report discusses the upcoming announcement of Ping An Insurance’s 2024 results, with option markets anticipating a larger price move than usual. The report provides trade examples for calendar spreads to take advantage of the elevated near-term implied volatility surrounding the company’s earnings announcement on 19 March 2025. For more details, you can access the full report on Smartkarma’s platform.
A look at Ping An Insurance (Group) Company of China Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Ping An Insurance (H) has a positive long-term outlook. With strong scores in Dividend, Growth, Resilience, and Momentum, the company is positioned well for future success. The company provides a variety of insurance services in China, including property, casualty, and life insurance, as well as financial services.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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