Insurance Australia Group (OTCMKTS:IAUGY) Shares Gap Up – Should You Buy?

Insurance Australia Group Limited (OTCMKTS:IAUGY – Get Free Report) shares gapped up prior to trading on Tuesday. The stock had previously closed at $29.3720, but opened at $30.95. Insurance Australia Group shares last traded at $30.95, with a volume of 278 shares.

Insurance Australia Group Price Performance

The business’s 50 day moving average price is $28.80 and its 200-day moving average price is $27.22.

About Insurance Australia Group

(Get Free Report)

Insurance Australia Group Limited (OTCMKTS:IAUGY) is a general insurance company headquartered in Australia. The group provides insurance products for individuals, businesses and organizations, with offerings that include motor vehicle, home and contents, travel, workers’ compensation, liability, property and commercial insurance.

IAG operates through a portfolio of established brands, including NRMA Insurance, CGU, WFI, NZI and AMI. Its products are distributed through direct channels, brokers, financial institutions and other business partners, serving both personal and commercial customers.

The company primarily serves customers in Australia and New Zealand.

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