Looking In The Rear-View Mirror: American International Group, Inc. (AIG), Oracle Corporation (ORCL)

American International Group, Inc. (NYSE:AIG) average daily volatility for this week is 1.85% which is less than the 2.01% recorded over the past month. Its shares dropped by -28.57% or -$17.53 from its last recorded high of $61.36 which it attained on February 21 to close at $43.83 per share. Over the past 52 weeks, the shares of American International Group, Inc. has been trading as low as $36.16 before witnessing a massive surge by 21.21% or $7.67. This price movement has led to the AIG stock receiving more attention and has become one to watch out for. It jumped by 1.81% on Tuesday and this got the market excited. The stock’s beta now stands at 1.41 and when compared to its 200-day moving average and its 50-day moving average, AIG price stands -10.61% below and 7.02% above respectively.

American International Group, Inc. (AIG) rose 0.39% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a drop that has seen it decline -27.22% and is now up by 11.22% since start of this year. A look at its monthly performance shows that the stock has recorded a 5.21% gain over the past 30 days. Its equity price dipped by -0.95% over the past three months which led to its overall six-month decrease to stand at -16.07%.

Experts from research firms are bullish about the near-term performance of American International Group, Inc. with most of them predicting a $51.43 price target on a short-term (12 months) basis. The average price target by the analysts will see a 17.34% rise in the stock and would lead to AIG’s market cap to surge to $45.9B. The stock has been rated an average 2.2, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 19 analysts that track American International Group, Inc. (NYSE:AIG) and find out that 7 of them rated it as a Hold. 12 of the 12 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.

A look at AIG technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 61.92 point. Its trading volume has lost -3171886 shares compared to readings over the past three months as it recently exchanged 3958114 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 7130000 shares, and this is 0.56 times the normal volume.

Analysts have predicted a price target for Oracle Corporation (ORCL) for 1 year and it stands at an average $52.32/share. This means that it would likely increase by 2.15% from its current position. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $33. On the other hand, one analyst is super bullish about the price, setting a target as high as $61.

The ORCL stock Stochastic Oscillator (%D) is at 74.78%, which means that it is currently neutral. The shares P/S ratio stands at 4.55 which compares to the 8522.76 recorded by the industry or the 136.2 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 13.98, which is lower than the 19.19 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 2.4% over the past five years.

Analysts view Oracle Corporation (NYSE:ORCL) as a Hold, with 2.5 consensus rating. Reuters surveyed 36 analysts that follow ORCL and found that 20 of those analysts rated the stock as a Hold. The remaining 16 were divided, with 14 analyst rating it as a Buy or a Strong Buy while 2 analysts advised investors to desist from buying Oracle Corporation (ORCL) shares or sell it if they already own it.