Hallmark Financial Services (NASDAQ:HALL) Cut to Sell at BidaskClub
A number of other equities research analysts have also recently weighed in on the company. ValuEngine cut Hallmark Financial Services from a hold rating to a sell rating in a research note on Friday, January 3rd. Zacks Investment Research cut Hallmark Financial Services from a buy rating to a hold rating in a research note on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company’s stock. Hallmark Financial Services has an average rating of Hold and a consensus price target of $17.67.
Shares of NASDAQ HALL traded down $0.28 during mid-day trading on Tuesday, reaching $17.27. 29,102 shares of the company were exchanged, compared to its average volume of 56,900. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.35. The stock has a market cap of $309.90 million, a price-to-earnings ratio of 11.14 and a beta of 0.52. Hallmark Financial Services has a 1 year low of $9.65 and a 1 year high of $20.30. The firm has a 50-day moving average of $17.84 and a 200 day moving average of $17.88.
About Hallmark Financial Services
Hallmark Financial Services, Inc, through its subsidiaries, underwrites, markets, distributes, and services property/casualty insurance products to businesses and individuals in the United States. The company operates in the Specialty Commercial, Standard Commercial, and Personal segments. The Specialty Commercial segment markets, underwrites, finances, and services commercial lines of insurance products, including commercial automobile, general liability, commercial property, commercial excess liability, and commercial umbrella insurance products.
See Also: How to build a Fibonacci channel
Receive News & Ratings for Hallmark Financial Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hallmark Financial Services and related companies with MarketBeat.com's FREE daily email newsletter.