HUIZ (HUIZ, Financial) experienced a notable surge, with its stock price climbing by 5.13% to $0.840. The trading volume reached 1,480 shares, maintaining a turnover rate of 0.00% and price amplitude of 0.00%.
Recent financial results revealed that HUIZ achieved a revenue of $39.07 million. However, it reported a net loss of $3.22 million, resulting in an earnings per share (EPS) of -$0.07. The company’s price-to-earnings (P/E) ratio stands at 14.70. Notably, all three rating institutions covering HUIZ have unanimously given it a 'buy' recommendation, with no 'hold' or 'sell' ratings.
Within the insurance sector, HUIZ has outperformed with an overall sector increase of just 0.01%. Other significant gainers in the industry include Fanhua Inc., Citizens Insurance, and GoHealth, Inc., while stocks like Lemonade, Inc., The Baldwin Insurance Group, Inc., and Reliance Global Group, Inc. showed high trading activity. Stocks with large price swings included Fanhua Inc., Fundamental Global Inc., and Citizens Insurance.
HUIZ operates as an independent online platform for insurance products and services in China. The company partners with insurers to distribute their products and connects them to a wide customer base through digital channels. Its income is primarily derived from insurance brokerage fees paid by its insurance partners.
