Equities research analysts at StockNews.com assumed coverage on shares of China Life Insurance (NYSE:LFCHY – Get Rating) in a research note issued on Saturday. The firm set a “buy” rating on the stock.
China Life Insurance Stock Performance
Shares of LFCHY opened at $6.21 on Friday. The company’s 50 day moving average is $6.21. China Life Insurance has a 52 week low of $5.40 and a 52 week high of $9.69. The stock has a market capitalization of $35.10 billion, a P/E ratio of 4.40, a PEG ratio of 0.49 and a beta of 0.59. The company has a debt-to-equity ratio of 0.12, a current ratio of 12.51 and a quick ratio of 8.91.
About China Life Insurance
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China Life Insurance Company Limited, together with its subsidiaries, operates as a life insurance company in the People’s Republic of China. The company operates in four segments: Life Insurance Business, Health Insurance Business, Accident Insurance Business, and Other Businesses. It offers critical illness protection, annuity, children/women/pension, security, life, medical, and accident protection insurance products.
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