Shares of American International Group (AIG) Sees Large Outflow of Money

American International Group (AIG) : The total money flow in American International Group (AIG) was negative ($16.71 million), showing the domination of sellers in the Thursday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $57.69 million. Transactions on upticks were comparatively lower at $40.98 million. The uptick to downtick ratio was 0.71. The total block trades done on upticks were valued at $6.06 million. The total block trades on downticks were valued at $18.72 million. The uptick to the downtick ratio of block trades was 0.32. The money flow during block trades was negative ($12.66 million) when the stock traded with a gain of $56 cent. American International Group (AIG) was $51.82, an increase of 1.09% over the previous days close.


American International Group (AIG) : Currently there are 8 street experts covering American International Group (AIG) stock. The most bullish and bearish price target for the stock is $66 and $53 respectively for the short term. The average price target of all the analysts comes to $60.5. The estimated standard deviation from the target is $4.38. The stock has recorded a 20-day Moving Average of 2.38% and the 50-Day Moving Average is 5.72%.

American International Group (NYSE:AIG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.55 and $51.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $51.82, notching a gain of 1.09% for the day. The total traded volume was 7,622,899 . The stock had closed at $51.26 on the previous day.

American International Group, Inc. (AIG) is an insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services. Its various offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. The Companys AIG Global Benefits Network provides administrative and marketing services to insurance companies offering benefit solutions to multinational employers. AIG Global Benefits Network can develop global benefit plan solutions for multinational clients by tapping the coverage options offered by carriers throughout the network. AIG operates through two segments: Commercial Insurance and Consumer Insurance. Commercial Insurance is a provider of insurance products and services for commercial and institutional customers.

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