American Overseas Group (OTCMKTS:AOREF) Issues Earnings Results

American Overseas Group (OTCMKTS:AOREF) released its earnings results on Wednesday. The company reported $33.60 earnings per share for the quarter, Zacks reports. American Overseas Group had a net margin of 13.37% and a return on equity of 17.86%.

American Overseas Group Price Performance

AOREF remained flat at $1,000.00 on Wednesday. The firm has a market capitalization of $50 million, a price-to-earnings ratio of 4.77 and a beta of 0.58. American Overseas Group has a 1 year low of $1,000.00 and a 1 year high of $1,500.00. The firm’s 50 day simple moving average is $1,023.10 and its two-hundred day simple moving average is $1,154.07.

About American Overseas Group

American Overseas Group Limited is a Bermuda-based insurance holding company whose business has historically focused on property and casualty insurance and reinsurance. Through its subsidiaries, the company has provided coverage and risk-transfer solutions to commercial and specialty markets.

The company’s activities have included workers’ compensation insurance as well as property and casualty reinsurance. Its insurance operations have primarily served customers and business partners in the United States, while its Bermuda-based structure supports its international reinsurance activities.

American Overseas Group’s operations and corporate structure have changed over time, and publicly available information about its current business activities and leadership is limited.