Alert: Major Price Advance (12/6/23)-Fanhua Inc (NASDAQ: FANH).


Fanhua Inc (NASDAQ: FANH) stock enjoyed a major increase of 11.0% on 12/6/23. The shares closed at $6.95. Moreover, above average trading volume at 139% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 4.5% 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 an important Value Builder.

Fanhua has a current Value Trend Rating of D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Fanhua has a slightly negative Power Rating of 38 and a slightly negative Appreciation Score of 31, triggering the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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