Arthur J. Gallagher & Co. (NYSE: AJG) fell with change of -0.13% to $68.62 with the traded volume of 370784 shares versus to an average volume of 1.05M. The stock was up in the 5 days activity -1.72%. The one month performance of stock was 1.90%. AJG shares are at 5.06% for the quarter and driving a 23.85% return over the course of the past year and is now at 8.58% since this point in 2018. Right now AJG beta is 1.15. The average volatility for the week and month was at 2.11% 1.61% respectively.
Arthur J. Gallagher & Co. (NYSE: AJG) today reported the acquisition of Akron, Ohio-based A.J. Amer Agency, Inc. Terms of the transaction were not disclosed.
Founded in 1916 by Louis Amer, A.J. Amer Agency is a retail property/casualty insurance agency and employee benefit consultant offering coverages to businesses and individuals throughout Northeast Ohio. Hamilton Amer, Charles Tennent and their associates will continue to operate from their current location under the direction of Cindy LaMantia, president of Gallagher’s Great Lakes region retail property/casualty brokerage operations, and John Neumaier, President of Gallagher’s Great Lakes employee benefits consulting and brokerage operations.
“A.J. Amer Agency will solidify our property/casualty brokerage presence in Northeast Ohio, and deepen our employee benefit and risk management capabilities in the region,” said J. Patrick Gallagher, Jr., Chairman, President and CEO. “I am very pleased to welcome Ham, Chuck and their associates to our growing Gallagher family of professionals.”
Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 33 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.
Shares of Arthur J. Gallagher & Co. have been recently spotted trading -5.70% off of the 52-week high price. On the other end, company shares have been noted 25.91% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 54.50 – 72.77. Switching over to some distances from popular moving averages, we see that the stock has been recorded -0.98% away from the 50 day moving average and 6.37% away from the 200 day moving average. Moving closer, we can see that shares have been trading -1.10% off of the 20-day moving average.
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