PICC Property and Casualty (OTCMKTS:PPCCY) Stock Price Up 4.7% – Here’s Why

PICC Property and Casualty Company Limited ( OTCMKTS:PPCCY – Get Free Report )’s share price rose 4.7% during mid-day trading on Monday . The stock traded as high as $40.

83 and last traded at $40.83. Approximately 3,462 shares were traded during trading, an increase of 93% from the average daily volume of 1,791 shares.



The stock had previously closed at $39.01. PICC Property and Casualty Trading Up 4.

7 % The company has a fifty day moving average of $37.80 and a 200-day moving average of $33.97.

PICC Property and Casualty Cuts Dividend The business also recently declared a dividend, which will be paid on Friday, January 10th. Investors of record on Friday, November 1st will be issued a dividend of $0.5872 per share.

The ex-dividend date of this dividend is Friday, November 1st. PICC Property and Casualty’s dividend payout ratio (DPR) is currently 49.94%.

PICC Property and Casualty Company Profile PICC Property and Casualty Company Limited, together with its subsidiaries, operates as a property and casualty insurance company in the People's Republic of China. It operates through Motor Vehicle, Accidental Injury and Health, Agriculture, Liability, Commercial Property, and Others segments. The company offers accidental injury and medical expenses, short-term health, homeowners, special risk, marine hull, construction, household property, cargo, credit and surety, accidental injury, and other insurance products.

Read More Five stocks we like better than PICC Property and Casualty What is the Hang Seng index? Is Monolithic Power Systems a Screaming Buy After Near 40% Drop? What Do S&P 500 Stocks Tell Investors About the Market? Applied Materials Market Capitulates: Now is the Time to Buy Upcoming IPO Stock Lockup Period, Explained 3 Ultra-High Dividend Yield Stocks for the New Year Receive News & Ratings for PICC Property and Casualty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PICC Property and Casualty and related companies with MarketBeat.com's FREE daily email newsletter ..