• Return to Headlines

Arthur J Gallagh Looks to Continue to Trade Above its Annual-High Share Price Today

By Amy Schwartz

Shares of Arthur J Gallagh (NYSE:AJG) traded today at $75.00, breaking its 52-week high. Approximately 58,000 shares have changed hands today, as compared to an average 30-day volume of 615,000 shares.

Arthur J Gallagh (NYSE:AJG) is currently priced 1.2% above its average consensus analyst price target of $73.90. Arthur J Gallagh shares have support at the 50-day moving average (MA) of $71.21 and additional support at the 200-day MA of $68.14.

Over the past year, Arthur J Gallagh has traded in a range of $59.19 to $75.00 and is now at $74.82, 26% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has risen 0.2%.

Arthur J. Gallagher & Co. and its subsidiaries provide insurance brokerage, risk management, employee benefit, and other related services to clients in the United States and abroad. The Company's principal activity is the negotiation and placement of insurance for its clients. Gallagher also specializes in furnishing risk management services.

SmarTrend recommended that subscribers consider buying shares of Arthur J Gallagh on July 12th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $68.41. Since that recommendation, shares of Arthur J Gallagh have risen 9.1%. We continue to monitor AJG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows arthur j gallagh

Ticker(s): AJG