Ping An Healthcare and Technology Company Limited (PANHF)
Market Closed
8 Dec, 20:00
OTC PINK OTC PINK Primary $
1. 85
0
0%
$
1.91B Market Cap
- P/E Ratio
0% Div Yield
0 Volume
- Eps
$ 1.85
Previous Close Day Range
1.85 1.85
Year Range
0.75 2.45
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Earnings results expected in 64 days
Ping An Healthcare: A Buy Considering Results Preview And Parent Stake Increase (Rating Upgrade)
I upgrade Ping An Healthcare to a Buy due to favorable expectations of upcoming earnings and a vote of confidence from its parent. My prediction is that PIAHY will deliver its first-ever positive net profit when it releases FY24 results next week. Ping An Insurance recently increased its equity interest in PANHF to over 50%; this bodes well for the latter's outlook, considering potential collaboration opportunities.
Seekingalpha | 9 months ago
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