Shares of Insurance Australia Group Limited (OTCMKTS:IAUGY – Get Free Report) saw an uptick in trading volume on Friday. 2,689 shares traded hands during trading, an increase of 197% from the average daily volume of 904 shares. The stock last traded at $28.40 and had previously closed at $30.53.
Insurance Australia Group Stock Up 7.9%
The firm’s 50 day moving average price is $28.92 and its 200-day moving average price is $27.26.
Insurance Australia Group Company Profile
Insurance Australia Group Limited (OTCMKTS:IAUGY) is a general insurance company headquartered in Australia. The group provides insurance products for individuals, businesses and organizations, with offerings that include motor vehicle, home and contents, travel, workers’ compensation, liability, property and commercial insurance.
IAG operates through a portfolio of established brands, including NRMA Insurance, CGU, WFI, NZI and AMI. Its products are distributed through direct channels, brokers, financial institutions and other business partners, serving both personal and commercial customers.
The company primarily serves customers in Australia and New Zealand.
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