Allianz (OTCMKTS:ALIZY) Sets New 1-Year High – What’s Next?

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

Wall Street Analysts Forecast Growth

Separately, Citigroup restated a “neutral” rating on shares of Allianz in a report on Tuesday, March 4th.

Allianz Stock Performance

The stock has a market cap of $149.68 billion, a price-to-earnings ratio of 14.79, a P/E/G ratio of 1.26 and a beta of 1.10. The business has a 50-day simple moving average of $33.61 and a two-hundred day simple moving average of $32.19.

Allianz (OTCMKTS:ALIZY) last announced its earnings results on Friday, February 28th. The company reported $0.67 EPS for the quarter, topping 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 business had revenue of $29.61 billion during the quarter. On average, analysts expect that Allianz SE will post 2.63 earnings per share for the current fiscal year.

About Allianz

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.