AIFU (NASDAQ:AIFU) Upgraded by Wall Street Zen to Sell Rating

Wall Street Zen upgraded shares of AIFU (NASDAQ:AIFU) to a sell rating in a report released on Saturday morning.

Separately, Weiss Ratings upgraded AIFU from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, August 17th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

AIFU Price Performance

Shares of AIFU opened at $21.35 on Friday. The firm has a market capitalization of $131.94 million, a PE ratio of 0.09 and a beta of 1.01. The company’s 50-day moving average is $34.31 and its 200-day moving average is $35.71. AIFU has a fifty-two week low of $11.30 and a fifty-two week high of $139.60.

Institutional Trading of AIFU

A hedge fund recently bought a new position in AIFU stock. Acadian Asset Management LLC acquired a new stake in AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. 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 as of its most recent SEC filing. Institutional investors own 26.72% of the company’s stock.

About AIFU

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. The company was founded by Yin An Hu and Qiu Ping Lai in 1998 and is headquartered in Guangzhou, China.