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

Investment analysts at StockNews.com started coverage on shares of Hallmark Financial Services (NASDAQ:HALL) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the insurance provider’s stock.

Hallmark Financial Services Stock Performance

Shares of NASDAQ HALL opened at $0.05 on Wednesday. Hallmark Financial Services has a 52-week low of $0.00 and a 52-week high of $0.85. The stock has a 50 day moving average price of $0.03 and a 200 day moving average price of $0.01.

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.