NEW YORK (

TheStreet

) --

American International Group Inc

(NYSE:

AIG

) hit a new 52-week low Thursday as it is currently trading at $21.42, below its previous 52-week low of $21.46 with 6.8 million shares traded as of 3:05 p.m. ET. Average volume has been 7.7 million shares over the past 30 days.

American International Group has a market cap of $46.7 billion and is part of the

financial

sector and

insurance

industry. Shares are down 60.2% year to date as of the close of trading on Wednesday.

American International Group, Inc. is an international insurance organization. The company operates property and casualty insurance networks worldwide and conducts activities in the U.S. life insurance and retirement services industry. The company has a P/E ratio of two, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates American International Group as a

sell

. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow, generally disappointing historical performance in the stock itself and poor profit margins. You can view the full

American International Group Ratings Report

.

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