Ping An Insurance (Group) Company of China (OTCMKTS:PIAIF) Shares Up 4% – Still a Buy?

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PIAIF) shares shot up 4% during mid-day trading on Monday . The stock traded as high as $5.50 and last traded at $5.50. 483 shares were traded during mid-day trading, a decline of 99% from the average session volume of 79,197 shares. The stock had previously closed at $5.29.

Ping An Insurance (Group) Company of China Price Performance

The stock’s 50-day simple moving average is $5.66 and its 200 day simple moving average is $5.34.

Ping An Insurance (Group) Company of China Company Profile

Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and technology businesses in the People's Republic of China. The company operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Technology segments.