AIFU (NASDAQ:AIFU) Trading 3.5% Higher – Time to Buy?

AIFU Inc. – Sponsored ADR (NASDAQ:AIFU)’s share price was up 3.5% during trading on Wednesday . The company traded as high as $4.97 and last traded at $4.97. Approximately 10,682 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 45,332 shares. The stock had previously closed at $4.80.

Analyst Ratings Changes

Separately, Wall Street Zen raised AIFU to a “hold” rating in a report on Saturday, May 24th.

AIFU Stock Up 3.5%

The company has a market cap of $14.39 million, a P/E ratio of 6.81 and a beta of 0.55. The company has a fifty day moving average of $6.10 and a 200 day moving average of $57.76.

Institutional Trading of AIFU

An institutional investor recently bought a new position in AIFU stock. Acadian Asset Management LLC acquired a new position in AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 868,208 shares of the company’s stock, valued at approximately $182,000. Acadian Asset Management LLC owned 1.50% of AIFU at the end of the most recent reporting period. Institutional investors and hedge funds own 26.72% of the company’s stock.

AIFU Company Profile

AIX, Inc engages in the provision of agency services and insurance claims adjusting services. It operates through the Insurance Agency and Claims Adjusting segments. The Insurance Agency segment includes providing agency services for insurance products and life insurance products. The Claims Adjusting segment provides pre-underwriting survey services, claims adjusting services, disposal of residual value services, loading and unloading supervision services, and consulting services.