Shares of American International Group (NYSE:AIG) Sees Large Inflow of Net Money Flow

American International Group (NYSE:AIG) dropped slightly amid mild profit booking and the last known price was $53.49 per share. The price decreased by -0.15 points or -0.27% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $29.25 million. The total upticks were valued at $54.35 million and the total downticks aggregated to $25.1 million, thereby putting the up/down ratio at 2.17,. The shares have seen a change in the share price of -2.74% on a weekly basis.In a big block trade which occurred today, the total uptick value was $32.92 million and the total downtick value was $1.19, resulting in an up/down ratio of 27.71. The net money flow for the block trade was calculated to be $31.74 million.

American International Group, Inc. has lost 2.86% in the last five trading days and dropped 5.27% in the last 4 weeks. American International Group, Inc. is up 0.02% in the last 3-month period. Year-to-Date the stock performance stands at -12.77%.

Currently the company Insiders own 1.04% of American International Group shares according to the proxy statements. Institutional Investors own 72.12% of American International Group shares. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of American International Group Inc, Fisher Peter R., had purchased 4,280 shares in a transaction dated on May 5, 2015. The transaction was executed at $57.99 per share with total amount equaling $248,197.

American International Group (NYSE:AIG) witnessed a decline in the market cap on Friday as its shares dropped 0.39% or 0.21 points. After the session commenced at $53.63, the stock reached the higher end at $53.71 while it hit a low of $53.15. With the volume soaring to 9,559,830 shares, the last trade was called at $53.42. The company has a 52-week high of $64.93. The company has a market cap of $59,779 million and there are 1,119,032,380 shares in outstanding. The 52-week low of the share price is $50.2.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *