On Friday, American International Group Inc (NYSE: AIG) opened higher 2.64% from the last session, before settling in for the closing price of $75.25. Price fluctuations for AIG have ranged from $57.02 to $80.83 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 0.56%. Company’s average yearly earnings per share was noted -11.62% at the time writing. With a float of $661.71 million, this company’s outstanding shares have now reached $688.84 million.
Considering the fact that the conglomerate employs 25200 people, you should pay attention to its efficiency factor.
American International Group Inc (AIG) Insider Activity
A key investor’s attitude towards the stock of the Insurance – Diversified industry is another important factor to consider. The insider ownership of American International Group Inc is 0.30%, while institutional ownership is 95.09%. The most recent insider transaction that took place on Jul 02 ’24, was worth 56,432,183. In this transaction 10% Owner of this company sold 1,932,609 shares at a rate of $29.20, taking the stock ownership to the 292,271,027 shares. Before that another transaction happened on Jun 28 ’24, when Company’s Director bought 7 for $74.89, making the entire transaction worth $518. This insider now owns 666 shares in total.
American International Group Inc (AIG) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 1.06 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.59) by -0.53. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -11.62% per share during the next fiscal year.
American International Group Inc (NYSE: AIG) Trading Performance Indicators
Check out the current performance indicators for American International Group Inc (AIG). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.05. Likewise, its price to free cash flow for the trailing twelve months is 8.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.70, a number that is poised to hit 1.30 in the next quarter and is forecasted to reach 7.44 in one year’s time.
Technical Analysis of American International Group Inc (AIG)
Compared to the last year’s volume of 4.16 million, its volume of 4.38 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 30.70%. Additionally, its Average True Range was 1.59.
During the past 100 days, American International Group Inc’s (AIG) raw stochastic average was set at 61.48%, which indicates a significant increase from 53.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.26% in the past 14 days, which was higher than the 19.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $76.33, while its 200-day Moving Average is $71.35. Nevertheless, the first resistance level for the watch stands at $78.08 in the near term. At $78.93, the stock is likely to face the second major resistance level. The third major resistance level sits at $80.15. If the price goes on to break the first support level at $76.01, it is likely to go to the next support level at $74.79. Should the price break the second support level, the third support level stands at $73.94.
American International Group Inc (NYSE: AIG) Key Stats
There are currently 663,668K shares outstanding in the company with a market cap of 51.26 billion. Presently, the company’s annual sales total 46,802 M according to its annual income of 3,643 M. Last quarter, the company’s sales amounted to 12,578 M and its income totaled 1,216 M.
