NEW YORK ( TheStreet) -- CNinsure (Nasdaq: CISG) hit a new 52-week low Wednesday as it traded at $15.31 compared with its previous 52-Week low of $15.33. CNinsure is changing hands at $15.33 with 74,875 shares traded as of 10:16 a.m. ET. Average volume has been 707,700 shares over the past 30 days.

CNinsure has a market cap of $720.4 million and is part of the financial sector and insurance industry. Shares are down 9.1% year to date as of the close of trading on Tuesday.

CNinsure Inc., together with its subsidiaries, provides insurance brokerage and agency services, and insurance claims adjusting services in the People's Republic of China. The company has a P/E ratio of 12.2, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.3.

TheStreet Ratings rates CNinsure as hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full CNinsure Ratings Report.

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