Allianz (OTCMKTS:ALIZY) Sets New 12-Month High – Here’s Why

Allianz SE (OTCMKTS:ALIZY) reached a new 52-week high during trading on Tuesday . The stock traded as high as $38.77 and last traded at $38.76, with a volume of 135586 shares trading hands. The stock had previously closed at $38.39.

Wall Street Analyst Weigh In

Separately, Citigroup reaffirmed a “neutral” rating on shares of Allianz in a research note on Tuesday, March 4th.

Allianz Price Performance

The stock’s 50 day moving average is $33.61 and its two-hundred day moving average is $32.19. The firm has a market capitalization of $149.68 billion, a P/E ratio of 14.79, a P/E/G ratio of 1.26 and a beta of 1.10.

Allianz (OTCMKTS:ALIZY) last issued its earnings results on Friday, February 28th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.63 by $0.04. Allianz had a net margin of 5.54% and a return on equity of 16.34%. The company had revenue of $29.61 billion during the quarter. As a group, equities research analysts expect that Allianz SE will post 2.63 EPS for the current year.

Allianz Company Profile

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company’s Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.