Growth Story Still Intact For American International Group Inc (AIG)

American International Group Inc (AIG) concluded trading on Wednesday at a closing price of $72.45, with 2.95 million shares of worth about $213.88 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.88% during that period and on October 02, 2024 the price saw a loss of about -0.37%. Currently the company’s common shares owned by public are about 688.84M shares, out of which, 642.07M shares are available for trading.

Stock saw a price change of -0.78% in past 5 days and over the past one month there was a price change of -4.71%. Year-to-date (YTD), AIG shares are showing a performance of 6.94% which increased to 20.65% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $57.72 but also hit the highest price of $80.83 during that period. The average intraday trading volume for American International Group Inc shares is 4.23 million. The stock is currently trading -1.21% below its 20-day simple moving average (SMA20), while that difference is down -2.10% for SMA50 and it goes to -1.75% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

American International Group Inc (NYSE: AIG) currently have 688.84M outstanding shares and institutions hold larger chunk of about 93.10% of that.

The stock has a current market capitalization of $46.65B and its 3Y-monthly beta is at 1.07. PE ratio of stock for trailing 12 months is 12.65, while it has posted earnings per share of $5.73 in the same period. Its PEG reads 0.51 while making debt-to-equity ratio of 0.22. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AIG, volatility over the week remained 1.38% while standing at 1.91% over the month.

Stock’s fiscal year EPS is expected to drop by -20.67% while it is estimated to increase by 29.47% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on September 05, 2024 offering an Overweight rating for the stock and assigned a target price of $90 to it. Coverage by HSBC Securities stated American International Group Inc (AIG) stock as a Hold in their note to investors on May 15, 2024, suggesting a price target of $86 for the stock. On February 20, 2024, BofA Securities Downgrade their recommendations, while on January 10, 2024, TD Cowen Initiated their ratings for the stock with a price target of $78. Stock get a Neutral rating from JP Morgan on January 08, 2024.

Most Popular

Related Posts