• Return to Headlines

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

By Nick Russo

Shares of Arthur J Gallagher (NYSE:AJG) traded today at $57.96, breaking its 52-week high. Approximately 87,000 shares have changed hands today, as compared to an average 30-day volume of 864,000 shares.

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.

In the past 52 weeks, Arthur J Gallagher share prices have been bracketed by a low of $35.96 and a high of $57.96 and are now at $57.89, 61% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has remained constant.

Arthur J Gallagher (NYSE:AJG) has potential upside of 1.4% based on a current price of $57.89 and analysts' consensus price target of $58.71. Arthur J Gallagher shares have support at the 50-day moving average (MA) of $43.67 and additional support at the 200-day MA of $42.71.

SmarTrend is tracking the current trend status for Arthur J Gallagher and will alert subscribers who have AJG in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows arthur j gallagher

Ticker(s): AJG