IGIHL: FALLING WEDGE BREAKOUT ON MONTHLYSince start of 2017 stock was in downtrend and continuously trading in a Falling Wedge Formation.
Now, break above the the resistance and close above its monthly 50EMA. Initial support is around 127-125
16.48 PKR
3.89 B PKR
18.33 B PKR
44.90 M
About IGI HOLDINGS LTD
Sector
Industry
CEO
Syed Hyder Ali
Website
Headquarters
Karachi
Founded
1953
ISIN
PK0032601012
FIGI
BBG000BMZBX9
IGI Holdings Ltd. engages in the provision of general insurance services. It operates through the following segments: Fire and Property Insurance; Marine, Aviation, and Transport Insurance; Motor Insurance; Accident and Health Insurance; and Miscellaneous Insurance. The Fire and Property Insurance segment offers coverage against damages caused by fire, riot and strike, explosion, earthquake, atmospheric damage, flood, electric fluctuation, and other related perils. The Marine, Aviation, and Transport Insurance segment comprises coverage against cargo risk, war risk, damages occurring in inland transit, and other related perils. The Motor Insurance segment includes car coverage, indemnity against third party loss, and other related coverage. The Accident and Health Insurance segment consists of coverage against personal accident, hospitalization, and other medical benefits. The Miscellaneous Insurance segment refers to coverage against burglary, loss of cash in safe and cash in transit, engineering losses, travel, and other coverage. The company was founded in 1953 and is headquartered in Karachi, Pakistan.
IGIHLWe can attempt to buy IGIHL from specified level as it gives breakout of yellow box , also there is no bearish divergence at current levels indicate that it moves upward.
SL , TP mention in chart.
IGIHL is BullishIGIHL has recently broken a previous lower high, which signals that bulls are in control of the price action. It is expected to move to new highs from here. Targets are mentioned on the chart.
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Frequently Asked Questions
The current price of IGIHL is 179.09 PKR — it has increased by 4.50% in the past 24 hours. Watch IGI HOLDINGS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange IGI HOLDINGS LTD stocks are traded under the ticker IGIHL.
IGIHL stock has fallen by −0.51% compared to the previous week, the month change is a 21.01% rise, over the last year IGI HOLDINGS LTD has showed a 100.77% increase.
IGIHL reached its all-time high on Feb 1, 2017 with the price of 366.09 PKR, and its all-time low was 60.41 PKR and was reached on Jan 15, 2013. View more price dynamics on IGIHL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
IGIHL stock is 7.02% volatile and has beta coefficient of 1.12. Track IGI HOLDINGS LTD stock price on the chart and check out the list of the most volatile stocks — is IGI HOLDINGS LTD there?
Today IGI HOLDINGS LTD has the market capitalization of 25.54 B, it has decreased by −1.71% over the last week.
Yes, you can track IGI HOLDINGS LTD financials in yearly and quarterly reports right on TradingView.
IGIHL net income for the last quarter is 514.97 M PKR, while the quarter before that showed 537.42 M PKR of net income which accounts for −4.18% change. Track more IGI HOLDINGS LTD financial stats to get the full picture.
IGI HOLDINGS LTD dividend yield was 9.06% in 2023, and payout ratio reached 36.69%. The year before the numbers were 4.47% and 21.11% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 10, 2024, the company has 358.00 employees. See our rating of the largest employees — is IGI HOLDINGS LTD on this list?
Like other stocks, IGIHL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade IGI HOLDINGS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So IGI HOLDINGS LTD technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating IGI HOLDINGS LTD stock shows the buy signal. See more of IGI HOLDINGS LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.