NEW YORK ( TheStreet) -- CNinsure (Nasdaq: CISG) hit a new 52-week low Tuesday as it traded at $12.94 compared with its previous 52-Week low of $13. CNinsure is changing hands at $13.01 with 323,156 shares traded as of 11:51 a.m. ET. Average volume has been 611,900 shares over the past 30 days. CNinsure has a market cap of $621.9 million and is part of the financial sector and insurance industry. Shares are down 21.6% year to date as of the close of trading on Monday. 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 10.6, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 15.8.
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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. See all 52-week low stocks or get investment ideas from our investment research center.