AIA (OTCMKTS:AAGIY) Cut to “Strong Sell” at Zacks Research

Zacks Research cut shares of AIA (OTCMKTS:AAGIY) from a hold rating to a strong sell rating in a research note released on Thursday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft assumed coverage on shares of AIA in a research report on Wednesday, January 7th. They set a “buy” rating for the company. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

AIA Stock Performance

Shares of AIA stock opened at $42.79 on Thursday. AIA has a 52-week low of $26.99 and a 52-week high of $46.84. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.33. The company has a 50 day moving average of $43.38 and a 200 day moving average of $41.95.

About AIA

AIA Group Limited is a Hong Kong–headquartered life insurance company with roots dating back to 1919. Originally established in Shanghai, the company has grown into a pan‑Asian insurer offering a broad range of protection and long‑term savings products. AIA serves both individual and corporate clients and is widely recognized for its extensive presence across the Asia‑Pacific region.

The company’s core business includes life insurance, accident and health insurance, savings and wealth accumulation products, and retirement solutions.