Analyst Advice And Earnings Insight: American International Group, Inc. (AIG), India Globalization Capital, Inc. (IGC)

The recently concluded session had traders exchanging American International Group, Inc. (NYSE:AIG) low level. Roughly 4.4 million shares changed hands compared to the three-month volume average 7.47 million shares. The first trade took place at $53.94 and the stock went up 0.19% to attain the closing price of $53.59.

American International Group, Inc. (AIG) Analyst Opinion

American International Group, Inc. has a consensus outperform rating from 18 Wall Street analysts, and the number of shares currently sold short amount to at least 1.7% of shares outstanding. The stock sank -2.44% last month and is down -10.05 this year. Wall Street is only getting more bullish on the stock, with 10 of analysts who cover AIG having a buy-equivalent rating. Analysts have placed a $68.07 price target on American International Group, Inc., suggesting a 27.02% gain from recent close. It’s currently trading about -20.37% below its 52-week high.

American International Group, Inc. Earnings Surprise

American International Group, Inc. (AIG) failed to surprise the stock market in its last reported earnings when it earned $0.57 a piece versus the consensus-estimated $0.75. Its revenue totaled $12.21 billion up 3.91% from the previous quarter.

American International Group, Inc. (NYSE:AIG) Intraday View

This stock (AIG) is ahead of its 52-week low with 2.23%. Its last month’s stock price volatility remained 1.41% which for the week stands at 2.02%. The share price has moved backward from its 20 days moving average, trading at a distance of -1.03% and stays -6.05% away from its 50 days moving average. Over the last five days, shares have faced -0.02% losses and now is down -11.69% since hitting its 200-day moving average of $59.87. American International Group, Inc. (AIG) has made its way to a 12-month decline of -10.94%.

Turning to India Globalization Capital, Inc. (NYSE:IGC), its shares were trading at $0.61 a retreat of $-0.01, on the trading floor. The stock, after opening at $0.6436, touched a high of $0.6436 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 0. India Globalization Capital, Inc. tumbled -62.6% from its high of $1.63 to a $19.28 million market value through last close.

India Globalization Capital, Inc. (NYSE:IGC) Intraday Trading

The counter witnessed a trading volume of 1.25 million shares versus an average volume of 0.55 million shares during last trading session. Its last month’s stock price volatility remained 9.78% which for the week approaches 8.88%. The lowest price the stock reached in the last trading day was $0.5834 and compares with the $0.30 52-week low. The stock recovered 103.2% since its low point and has performed -39.04% year-to-date.