Allianz SE (OTCMKTS:ALIZY – Get Free Report) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 14,000 shares, a growth of 53.8% from the August 31st total of 9,100 shares. Based on an average daily volume of 166,200 shares, the short-interest ratio is presently 0.1 days.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group upgraded shares of Allianz to a “strong-buy” rating in a research note on Wednesday, September 18th.
Read Our Latest Analysis on Allianz
Allianz Stock Up 1.2 %
Allianz (OTCMKTS:ALIZY – Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.02. The firm had revenue of $27.38 billion during the quarter. Allianz had a return on equity of 15.52% and a net margin of 5.48%. Research analysts anticipate that Allianz will post 2.66 EPS for the current fiscal year.
Allianz Company Profile
Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.
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