Gold prices tick higher on fresh U.S. tariff threats, Fed rate cut hopes
American Financial Group (NYSE:AFG) PR B (AFGB) stock has reached a new 52-week low, dipping to $20.66, as investors navigate through a tumultuous market environment. Despite the current price weakness, InvestingPro data shows the company maintains solid fundamentals with a healthy current ratio of 2.08 and trades at a P/E ratio of 12.8. This latest price level reflects a notable decline over the past year, with the stock experiencing a 1-year change of -10.26%. While the downward trend in AFGB’s stock price points to bearish sentiment, the company has demonstrated resilience through its 40-year track record of consecutive dividend payments and maintains revenue growth of 4.76%. InvestingPro subscribers have access to 8 additional key insights about AFGB’s financial health and future prospects.
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