Allianz (OTCMKTS:ALIZY) Trading Down 0.1% - Time to Sell?

Key Points

• Allianz SE's share price fell by 0.1%, closing at $40.77 after trading as low as $40.59, with a notable drop in trading volume of 53% compared to average sessions.
• In its latest quarterly earnings report, Allianz reported earnings per share of $0.84, exceeding expectations of $0.80, with a revenue of $30.17 billion against a forecast of $22.53 billion.
• The company has a market capitalization of $157.44 billion and a P/E ratio of 14.36, indicating its valuation metrics in the market.

Allianz SE (OTCMKTS:ALIZY - Get Free Report)'s share price traded down 0.1% during mid-day trading on Wednesday . The stock traded as low as $40.59 and last traded at $40.77. 150,527 shares traded hands during trading, a decline of 53% from the average session volume of 319,350 shares. The stock had previously closed at $40.83.

Allianz Stock Performance

The company has a market capitalization of $157.44 billion, a P/E ratio of 14.36, a price-to-earnings-growth ratio of 1.19 and a beta of 0.89. The stock's 50 day moving average price is $42.03 and its 200 day moving average price is $40.63.

Allianz (OTCMKTS:ALIZY - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.04. Allianz had a return on equity of 16.58% and a net margin of 5.47%.The firm had revenue of $30.17 billion during the quarter, compared to the consensus estimate of $22.53 billion. 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.

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