Analysts at StockNews.com initiated coverage on shares of Hallmark Financial Services (NASDAQ:HALL – Get Rating) in a research note issued to investors on Wednesday. The brokerage set a “hold” rating on the insurance provider’s stock.
Hallmark Financial Services Stock Up 4.6 %
HALL stock opened at $4.35 on Wednesday. The company has a market cap of $7.92 million, a PE ratio of -0.05 and a beta of 1.12. The business has a 50-day simple moving average of $6.11 and a 200 day simple moving average of $23.77. Hallmark Financial Services has a 52 week low of $2.56 and a 52 week high of $29.50. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 4.48.
Hallmark Financial Services (NASDAQ:HALL – Get Rating) last issued its earnings results on Tuesday, March 28th. The insurance provider reported ($16.68) EPS for the quarter, missing the consensus estimate of ($3.60) by ($13.08). The business had revenue of $39.96 million for the quarter, compared to analyst estimates of $39.91 million. Hallmark Financial Services had a negative return on equity of 158.59% and a negative net margin of 71.70%.
Hedge Funds Weigh In On Hallmark Financial Services
About Hallmark Financial Services
Hallmark Financial Services, Inc is a holding company, which engages in the provision of insurance products. It operates through the following segments: Specialty Commercial, Standard Commercial, and Personal. The Specialty Commercial segment includes the commercial auto, excess and surplus (E&S) casualty, E&S property, professional liability, and aerospace and programs business units.
- Get a free copy of the StockNews.com research report on Hallmark Financial Services (HALL)
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