iA Financial (OTCMKTS:IAFNF) Shares Up 0.6% – Should You Buy?

Shares of iA Financial Co. Inc. (OTCMKTS:IAFNF) were up 0.6% during mid-day trading on Tuesday . The stock traded as high as $113.91 and last traded at $113.91. Approximately 12,788 shares traded hands during mid-day trading, an increase of 239% from the average daily volume of 3,776 shares. The stock had previously closed at $113.24.

Wall Street Analysts Forecast Growth

Separately, Scotiabank reiterated an “outperform” rating on shares of iA Financial in a report on Thursday, August 7th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

iA Financial Trading Up 0.6%

The stock’s 50-day moving average price is $111.11 and its 200-day moving average price is $103.91.

About iA Financial

iA Financial Corporation Inc, provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services.