Arthur J. Gallagher & Co. (AJG) Shares are Up 1.98%

Arthur J. Gallagher & Co. (AJG) : Traders are bullish on Arthur J. Gallagher & Co. (AJG) as it has outperformed the S&P 500 by a wide margin of 1.53% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.47%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.98% in the last 1 week, and is up 1.4% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 2.46% and the 50-Day Moving Average is 3.58%.The 200 Day SMA reached 14.37%. Arthur J Gallagher & Co. is up 5.35% in the last 3-month period. Year-to-Date the stock performance stands at 25.2%.


Arthur J. Gallagher & Co. (NYSE:AJG): After opening at $49.62, the stock dipped to an intraday low of $49.5 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $49.99 and the buying power remained strong till the end. The stock closed at $49.99 for the day, a gain of 1.15% for the day session. The total traded volume was 637,142. The stocks close on the previous trading day was $49.42.

Arthur J. Gallagher & Co. is engaged in providing insurance brokerage and consulting services and third-party claims settlement and administration services to entities in the United States and abroad. The Companys brokers, agents and administrators act as intermediaries between insurers and their customers. The Company operates in three segments: brokerage, risk management and corporate. The brokerage segment comprises of retail and wholesale insurance brokerage operations. The risk management segment provides contract claim settlement and administration services for enterprises and for insurance companies. The corporate segment reports the financial information related to its debt, clean energy investments, external acquisition-related expenses and other corporate costs.

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