American Overseas Group (OTCMKTS:AOREF – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $33.60 EPS for the quarter, Zacks reports. The company had revenue of $17.08 million for the quarter. American Overseas Group had a net margin of 13.37% and a return on equity of 17.86%.
American Overseas Group Stock Performance
OTCMKTS:AOREF opened at $1,000.00 on Friday. The firm has a market capitalization of $50 million, a PE ratio of 5.27 and a beta of 0.55. American Overseas Group has a 1 year low of $1,000.00 and a 1 year high of $1,500.00. The firm’s fifty day simple moving average is $1,014.10 and its 200 day simple moving average is $1,150.90.
About American Overseas Group
American Overseas Group Limited is a Bermuda-based insurance holding company whose business has historically focused on property and casualty insurance and reinsurance. Through its subsidiaries, the company has provided coverage and risk-transfer solutions to commercial and specialty markets.
The company’s activities have included workers’ compensation insurance as well as property and casualty reinsurance. Its insurance operations have primarily served customers and business partners in the United States, while its Bermuda-based structure supports its international reinsurance activities.
American Overseas Group’s operations and corporate structure have changed over time, and publicly available information about its current business activities and leadership is limited.
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