Insurance Australia Group Limited (OTCMKTS:IAUGY – Get Free Report) shares saw an uptick in trading volume on Friday. Approximately 2,689 shares changed hands during mid-day 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 Trading Up 7.9%
The company has a 50-day moving average of $28.98 and a 200 day moving average of $27.28.
About Insurance Australia Group
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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