StockNews.com Begins Coverage on Hallmark Financial Services (NASDAQ:HALL)

StockNews.com assumed coverage on shares of Hallmark Financial Services (NASDAQ:HALL) in a research note published on Wednesday. The firm issued a hold rating on the insurance provider’s stock.

Hallmark Financial Services Trading Down 4.2 %

Hallmark Financial Services stock opened at $0.65 on Wednesday. Hallmark Financial Services has a one year low of $0.57 and a one year high of $6.92. The stock has a fifty day moving average of $0.79 and a 200 day moving average of $1.21.

About Hallmark Financial Services

Hallmark Financial Services, Inc underwrites, markets, distributes, and services property/casualty insurance products to businesses and individuals in the United States. The company operates in three segments: Commercial Lines, Personal Lines, and Runoff. The Commercial Lines segment offers commercial property/casualty insurance products, including general liability, commercial automobile, commercial property, umbrella, commercial multi-peril, and business owners' insurance products, as well as aircraft and aircraft liability products.