Allianz SE (OTCMKTS:ALIZY – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 65,217 shares, a decline of 40.2% from the September 30th total of 109,019 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 484,158 shares, the days-to-cover ratio is currently 0.1 days.
Analyst Ratings Changes
Separately, Royal Bank Of Canada restated a “sector perform” rating on shares of Allianz in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Allianz has a consensus rating of “Moderate Buy”.
Check Out Our Latest Report on ALIZY
Allianz Price Performance
Shares of OTCMKTS:ALIZY opened at $49.26 on Tuesday. Allianz has a 1-year low of $39.44 and a 1-year high of $52.82. The company has a market capitalization of $187.39 billion, a PE ratio of 13.46, a PEG ratio of 2.15 and a beta of 0.65. The business has a fifty day moving average price of $49.37 and a 200-day moving average price of $46.27.
Allianz (OTCMKTS:ALIZY – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.16). Allianz had a net margin of 6.31% and a return on equity of 18.33%. The firm had revenue of $23.01 billion for the quarter, compared to the consensus estimate of $46.70 billion. On average, sell-side analysts anticipate that Allianz will post 3.48 earnings per share for the current fiscal year.
About Allianz
Allianz SE is a Germany-based financial services company focused on insurance and asset management. Through its insurance operations, the company provides property and casualty coverage, life insurance, health insurance, and related protection products for individuals, businesses, and institutional customers.
Allianz also operates a global asset-management business through brands including PIMCO and Allianz Global Investors. These businesses offer investment-management services and solutions for private clients, companies, pension plans, and other institutional investors.
Founded in Berlin in 1890, Allianz has developed into an international group serving customers across Europe, North America, Asia-Pacific, and other global markets.
Recommended Stories
- Five stocks we like better than Allianz
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AIāThese 5 Stocks Are Getting Paid
Receive News & Ratings for Allianz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allianz and related companies with MarketBeat.com's FREE daily email newsletter.
