Breakfast Technical Briefing on Property & Casualty Insurance Stocks -- American Intl., AmTrust Financial Services, Arch Capital, and Aspen Insurance
NEW YORK, May 7, 2018 /PRNewswire/ --
If you want a free Stock Review on AIG, AFSI, ACGL, and AHL sign up now at www.wallstequities.com/registration. Research coverage has been initiated by WallStEquities.com on American International Group Inc. (NYSE: AIG), AmTrust Financial Services Inc. (NASDAQ: AFSI), Arch Capital Group Ltd (NASDAQ: ACGL), and Aspen Insurance Holdings Ltd (NYSE: AHL). According to a Value Line report, earnings in the Property and Casualty Insurance industry tend to be a bit more volatile than average, given their close correlation with weather patterns and other difficult-to-predict events. Nevertheless, the Stock Price Stability of these equities is generally quite solid. Dividends provide a fair degree of support. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
American International Group
New York headquartered American International Group Inc.'s stock climbed 1.73%, finishing last Friday's trading session at $52.84. A total volume of 12.51 million shares was traded, which was above their three months average volume of 7.47 million shares. The Company's shares are trading below their 50-day moving average by 4.54%. Additionally, shares of the Company, which provides insurance products for commercial, institutional, and individual customers primarily in the US, Europe, and Japan, have a Relative Strength Index (RSI) of 38.24.
On April 27th, 2018, research firm Buckingham Research upgraded the Company's stock rating from 'Underperform' to 'Neutral'.
On May 02nd, 2018, American International Group announced that its Board of Directors declared a quarterly dividend of $0.32 per share on the Company's Common Stock, par value $2.50 per share. The dividend is payable on June 28th, 2018, to stockholders of record at the close of business on June 14th, 2018. Get the full research report on AIG for free by clicking below at: www.wallstequities.com/registration/?symbol=AIG
AmTrust Financial Services
Shares in New York-based AmTrust Financial Services Inc. ended at $13.04, declining slightly by 0.08% from the last trading session. The stock recorded a trading volume of 2.43 million shares, which was above its three months average volume of 1.53 million shares. The Company's shares have advanced 5.25% in the past month and 1.48% over the previous three months. The stock is trading 3.44% and 4.17% above its 50-day and 200-day moving averages, respectively. Moreover, shares of the Company, which provides property and casualty insurance in the US and internationally, have an RSI of 64.53. AFSI's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=AFSI
Arch Capital Group
On Friday, shares in Pembroke, Bermuda-based Arch Capital Group Ltd recorded a trading volume of 800,247 shares, which was above their three months average volume of 731,900 shares. The stock rose 1.13%, closing the day at $78.83. The Company's shares are trading 6.35% below their 50-day moving average. Additionally, shares of the Company, which together with its subsidiaries, provides property, casualty, and mortgage insurance and reinsurance products worldwide, have an RSI of 35.59.
On May 01st, 2018, Arch Capital Group reported its Q1 2018 results. Net income available to the Company's common shareholders was $137.3 million, and after-tax operating income to the Company's common shareholders was $235.1 million. Book value per common share was $61.24 at March 31st, 2018, a 0.5% increase from $60.91 per share reported at December 31st, 2017, and a 6.2% increase from $57.69 per share at March 31st, 2017. Register for your free research report on ACGL at: www.wallstequities.com/registration/?symbol=ACGL
Aspen Insurance Holdings
At the close of trading on Friday, shares in Hamilton, Bermuda headquartered Aspen Insurance Holdings Ltd recorded a trading volume of 505,273 shares. The stock finished the session 1.82% higher at $41.90. The Company's shares have gained 10.55% in the previous three months. The stock is trading below its 50-day moving average by 0.28%. Furthermore, shares of Aspen Insurance, which through its subsidiaries, engages in insurance and reinsurance businesses in the US and internationally, have an RSI of 43.93.
On May 02nd, 2018, Aspen Insurance reported its results for Q1 2018. Net income after tax for Q1 2018 was $30.8 million, and operating income after tax was $63.0 million. Annualized net income return on average equity for the quarter was 4.0%, and annualized operating return on average equity was 9.2%. Wall St. Equities' downloadable research report on AHL available at: www.wallstequities.com/registration/?symbol=AHL
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