Insurance Australia Group (OTCMKTS:IAUGY) Sees Unusually-High Trading Volume – Should You Buy?

Insurance Australia Group Limited (OTCMKTS:IAUGY – Get Free Report) saw unusually-strong trading volume on Friday. Approximately 2,689 shares were traded during trading, an increase of 197% from the average daily volume of 904 shares. The stock last traded at $28.40 and had previously closed at $30.53.

Insurance Australia Group Price Performance

The company has a 50-day moving average price of $28.92 and a 200 day moving average price of $27.26.

About Insurance Australia Group

(Get Free Report)

Insurance Australia Group Limited (OTCMKTS:IAUGY) is a general insurance company headquartered in Australia. The group provides insurance products for individuals, businesses and organizations, with offerings that include motor vehicle, home and contents, travel, workers’ compensation, liability, property and commercial insurance.

IAG operates through a portfolio of established brands, including NRMA Insurance, CGU, WFI, NZI and AMI. Its products are distributed through direct channels, brokers, financial institutions and other business partners, serving both personal and commercial customers.

The company primarily serves customers in Australia and New Zealand.

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