On Monday, American International Group Inc (NYSE: AIG) opened lower -0.94% from the last session, before settling in for the closing price of $75.32. Price fluctuations for AIG have ranged from $57.39 to $80.83 over the past 52 weeks.
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Annual sales at Financial sector company grew by 0.56% over the past five years. Company’s average yearly earnings per share was noted -20.48% at the time writing. With a float of $642.06 million, this company’s outstanding shares have now reached $688.84 million.
Let’s look at the performance matrix of the company that is accounted for 25200 employees. In terms of profitability, gross margin is 68.09%, operating margin of 12.86%, and the pretax margin is 14.67%.
American International Group Inc (AIG) Insider and Institutional Ownership
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 0.29%, while institutional ownership is 95.84%. The most recent insider transaction that took place on Aug 07 ’24, was worth 200,000,012. In this transaction 10% Owner of this company sold 8,032,129 shares at a rate of $24.90, taking the stock ownership to the 284,238,898 shares. Before that another transaction happened on Aug 07 ’24, when Company’s Officer proposed sale 450,697 for $71.59, making the entire transaction worth $32,265,398.
American International Group Inc (AIG) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 1.04 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.5) by -0.46. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -20.48% 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 1.14. Likewise, its price to free cash flow for the trailing twelve months is 7.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.73, a number that is poised to hit 1.27 in the next quarter and is forecasted to reach 7.01 in one year’s time.
Technical Analysis of American International Group Inc (AIG)
American International Group Inc (NYSE: AIG) saw its 5-day average volume 2.63 million, a negative change from its year-to-date volume of 4.17 million. As of the previous 9 days, the stock’s Stochastic %D was 85.42%. Additionally, its Average True Range was 1.45.
During the past 100 days, American International Group Inc’s (AIG) raw stochastic average was set at 47.42%, which indicates a significant decrease from 75.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.72% in the past 14 days, which was lower than the 22.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.85, while its 200-day Moving Average is $72.63. Nevertheless, the first resistance level for the watch stands at $75.53 in the near term. At $76.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $76.95. If the price goes on to break the first support level at $74.11, it is likely to go to the next support level at $73.62. The third support level lies at $72.69 if the price breaches the second support level.
American International Group Inc (NYSE: AIG) Key Stats
There are currently 663,668K shares outstanding in the company with a market cap of 48.05 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 6,560 M and its income totaled -3,977 M.
