Analysts at StockNews.com initiated coverage on shares of China Life Insurance (NYSE:LFCHY – Get Rating) in a report issued on Sunday. The brokerage set a “buy” rating on the stock.

China Life Insurance Price Performance

China Life Insurance has a 1 year low of $5.40 and a 1 year high of $9.69. The stock has a 50 day simple moving average of $6.21. The company has a current ratio of 12.51, a quick ratio of 8.91 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $35.10 billion, a price-to-earnings ratio of 4.40, a price-to-earnings-growth ratio of 0.49 and a beta of 0.59.

China Life Insurance Company Profile

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China Life Insurance Company Limited, together with its subsidiaries, operates as a life insurance company in the People’s Republic of China. The company operates in four segments: Life Insurance Business, Health Insurance Business, Accident Insurance Business, and Other Businesses. It offers critical illness protection, annuity, children/women/pension, security, life, medical, and accident protection insurance products.

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