The luminosity class of NGC 7343 is II-III and it has a broad HI line. In addition, it is also a LINER galaxy, a galaxy whose nucleus presents an emission spectrum characterized by broad lines of weakly ionized atoms. To date, eight non-redshift measurements yield a distance of 65.787 ± 44.256 Mpc (~215 million ly), which is outside the Hubble distance values.[2][3][1][4][5]