Insurance Australia Group Limited (OTCMKTS:IAUGY – Get Free Report)’s stock price dropped 2.3% during trading on Tuesday . The stock traded as low as $25.1150 and last traded at $25.1150. Approximately 581 shares changed hands during trading, a decline of 15% from the average daily volume of 686 shares. The stock had previously closed at $25.70.
Insurance Australia Group Stock Performance
The firm’s 50-day moving average price is $24.93 and its 200 day moving average price is $25.73.
About Insurance Australia Group
Insurance Australia Group (OTCMKTS:IAUGY) is a leading general insurance underwriter headquartered in Sydney, Australia. The company provides a broad range of personal and commercial insurance products, including home, motor, travel, business and liability coverage. IAG serves individual policyholders, small to mid-sized enterprises and large corporate clients through a diversified distribution network of brokers, direct sales, affinity partnerships and digital channels.
Formed in 2000 through the merger of several Australian and New Zealand insurers, IAG has since grown to become the largest general insurer in its home markets.
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