Boston, MA 07/10/2013 (wallstreetpr) – American International Group Inc (NYSE:AIG) or AIG, is a global insurance company, providing insurance services globally in more than 130 countries. Some of the types of insurance provided include Life, Retirement and Mortgage insurance. The company is listed on the New York Stock Exchange (NYSE) and is quoted at $ 45.52. During the year, the prices were between $29.90 and $46.46, a fact that clearly depicts that the company is growing. The mission of this company is to help the businesses and individuals to manage their assets, reduce their risks and provide security when retired.
The stock price of American International Group Inc (NYSE:AIG) compared with the previous day increased by 0.73%. During after hours of the closure of the New York Stock Exchange it increased by 0.35%, namely+0.16. The range of the stock during this week is between $45.31 and $45.73. The price-earnings ratio is quite attractive at 11.66 times the company’s earnings. The volume of the shares traded on the previous day is 9.46 million, which is relatively decent, with an average volume of 17.54 million. Earnings per share stand at 3.48, clearly showing that the shareholders of this company are satisfied with the company’s performance.
This company is performing well, given the increasing trend in stock market prices. During the year ended 31.12.2012, a segment called Chartis was named AIG property casualty and the segment of Sun America was named AIG Life and retirement. To sum up, investment in this company is a fairly decent choice.
