AXA (OTCMKTS:AXAHY) Hits New 52-Week High – Here’s What Happened

Axa Sa (OTCMKTS:AXAHY)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $52.56 and last traded at $52.47, with a volume of 1451 shares. The stock had previously closed at $51.6830.

Analyst Ratings Changes

AXAHY has been the subject of a number of recent research reports. DZ Bank downgraded shares of AXA from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Morgan Stanley reissued an “overweight” rating on shares of AXA in a report on Tuesday. Finally, Erste Group Bank upgraded shares of AXA to a “strong-buy” rating in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy”.

AXA Stock Performance

The firm has a 50-day moving average price of $49.45 and a 200-day moving average price of $47.44. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.06 and a current ratio of 0.06.

AXA Company Profile

AXA is a French multinational insurance and asset management group headquartered in Paris. The company provides a broad range of insurance and financial protection products for individuals, professionals and corporate clients, and its shares are listed in Europe with American depositary receipts trading on U.S. OTC markets under the symbol AXAHY. AXA operates through a network of distributors including agents, brokers and bancassurance partners to deliver life, health, property & casualty and retirement solutions.

Core business activities include life and savings products, personal and commercial property & casualty insurance, health and protection coverages, and asset management services delivered through its investment arm.