Hallmark Financial Services (NASDAQ:HALL) Coverage Initiated by Analysts at StockNews.com

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

Hallmark Financial Services Stock Performance

NASDAQ HALL opened at $0.05 on Thursday. The stock’s 50 day simple moving average is $0.03 and its 200-day simple moving average is $0.01. Hallmark Financial Services has a 1-year low of $0.00 and a 1-year high of $0.85.

Hallmark Financial Services Company Profile

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.