Shares of AIG traded higher by 2.6% or $0.77/share to $30.39. American International Group, Inc. is trading at a price to book ratio of 0.57. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.46. The price to sales ratio came in at 0.69. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 4632970 shares of AIG exchange hands on a given day and today's volume is recorded at 964448. These factors combined make this company a prime takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
American International Group, Inc. (AIG) is an international insurance organization, serving customers in more than 130 countries.
