American Equity Investment Life Holding Company stock performance trend indicates that the stock price has rallied 11.19% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 43.49% . Looking at the past 52 week period, the stock price is up at 53.81% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of American Equity Investment Life Holding Company has a positive value of 68.57 compared to overall market.American Equity Investment Life Holding Company is having a Relative Strength Index of 44.25 which indicates the stock is not yet over sold or over bought based on the technical indicators.
American Equity Investment Life Holding Company (NYSE:AEL) has tumbled 1.66% during the past week and has dropped 6.57% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.9%. American Equity Investment Life Holding Company (NYSE:AEL) has underperformed the index by 7.64% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
For the current week, the company shares have a recommendation consensus of Buy. American Equity Investment Life Holding Company (NYSE:AEL) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.4 points or 1.55% at $25.44 with 1,305,962 shares getting traded. Post opening the session at $25.82, the shares hit an intraday low of $25.2 and an intraday high of $25.85 and the price was in this range throughout the day. The company has a market cap of $2,246 million and the number of outstanding shares has been calculated to be 88,279,845 shares. The 52-week high of American Equity Investment Life Holding Company (NYSE:AEL) is $28 and the 52-week low is $12.77.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by FBR & Co. on Feb 13, 2017 to Outperform, Raises Price Target to $ 30 from a previous price target of $25 .American Equity Investment Life Holding was Initiated by Citigroup to Neutral on Jan 26, 2017. American Equity Investment Life Holding was Downgraded by JP Morgan to Neutral on Jan 3, 2017.
Company has reported several Insider transactions to the SEC, on Feb 24, 2017, David J Noble (director) sold 100,000 shares at 27.53 per share price.On Feb 23, 2017, Ronald James Grensteiner (Executive Vice President) sold 10,000 shares at 27.71 per share price.On Feb 15, 2017, Alexander Meeker Clark (director) sold 5,000 shares at 26.48 per share price.
American Equity Investment Life Holding Last issued its quarterly earnings results on Nov 2, 2016. The company reported $-0.05 EPS for the quarter, missing the analyst consensus estimate by $ -0.63. Analyst had a consensus of $0.58. The company had revenue of $630.06 million for the quarter, compared to analysts expectations of $534.26 million. The companys revenue was up 396.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 EPS.
American Equity Investment Life Holding Company, through its wholly-owned operating subsidiaries, is a full service underwriter of a broad line of annuity and insurance products, with a primary emphasis on the sale of fixed rate and index annuities.