Stock In Limelight: American Equity Investment Life Holding Company (NYSE:AEL)

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American Equity Investment Life Holding Company (NYSE:AEL) has obtained a mean price target of $19.670 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.620 a share for the near-term quarter and $2.130 for this year. Technical View The technical analysis of American Equity Investment Life clearly shows that the moving average of 50-days of American Equity Investment Life Holding Company (NYSE:AEL) stock is $15.402, and stock is trading -1.767 or -11.474% off from $15.402. Coming to moving average of 200-days, it is $16.475, and the stock is $-2.840 or -17.238% off from this point. The 52-week high of American Equity Investment Life Holding Company (NYSE:AEL) was $30.020 while $12.650 is the low in the same period. This state American Equity Investment Life shares price has to travel more than $-16.385 to register a new high of 52-weeks or drop $+7.787% to touch a new 52-week low point. MA here stands for moving average. Taking the Valuation Aspect To reach the estimation of American Equity Investment Life, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. American Equity Investment Life Holding Company (NYSE:AEL) ratio came in at 6.562, which was derived by dividing current price of stock by yearly earnings. American Equity Investment Life stock recorded a close of $13.635 in last trading session, reaching a market cap of $1.12B. Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The American Equity Investment Life Holding Company (NYSE:AEL) PEG ratio is at 0.640.

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