Overall market sentiment has been high on Arthur J Gallagher & Co (AJG) stock lately. AJG receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With AJG Stock Today?
Arthur J Gallagher & Co (AJG) stock is trading at $148.69 as of 1:13 PM on Thursday, May 6, a gain of $1.23, or 0.83% from the previous closing price of $147.46. The stock has traded between $147.60 and $149.40 so far today. Volume today is below average. So far 420,529 shares have traded compared to average volume of 709,620 shares.
To see the top 5 stocks in the Insurance Brokers industry click here.
More About Arthur J Gallagher & Co
Arthur J. Gallagher & Co provides insurance brokerage and consulting services to middle-market entities around the world. The majority of the company's revenue comes from its brokerage segment, where it negotiates and places its customers with insurance companies that provide, among other types, property/casualty and health insurance. The company's primary source of revenue in the brokerage segment is commissioning from the insurance companies. The company also generates significant revenue in its corporate segment, which includes clean energy investment and other investment income. The company generates most of its revenue in the United States, with the remaining revenue coming primarily from Australia, Bermuda, Canada, the Caribbean, New Zealand, and the United Kingdom.
Click Here to get the full Stock Score Report on Arthur J Gallagher & Co (AJG) Stock.
