AIA (OTCMKTS:AAGIY – Get Free Report) shares crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $37.70 and traded as high as $38.98. AIA shares last traded at $38.64, with a volume of 562,073 shares.
Analysts Set New Price Targets
Separately, Zacks Research upgraded AIA from a “strong sell” rating to a “hold” rating in a research note on Monday, October 26th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.
AIA Stock Up 5.3%
The company’s 50 day simple moving average is $37.70 and its 200-day simple moving average is $40.58.
AIA Company Profile
AIA Group Limited is a Hong Kong-based insurance and financial services company focused primarily on life and health insurance. Through its subsidiaries and operating companies, AIA provides individual and group insurance products covering life protection, medical and health needs, critical illness, savings, retirement planning and wealth management.
The company also offers employee benefits and related financial solutions, distributing its products through agents, bancassurance partnerships, brokers, digital channels and other intermediaries.
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