Ageas (OTCMKTS:AGESY) Sees Strong Trading Volume – Still a Buy?

by · The Markets Daily

Ageas SA (OTCMKTS:AGESY – Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 9,415 shares changed hands during trading, an increase of 116% from the previous session’s volume of 4,355 shares.The stock last traded at $66.69 and had previously closed at $68.41.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. The Goldman Sachs Group upgraded Ageas to a “hold” rating in a report on Tuesday, December 2nd. Barclays restated an “overweight” rating on shares of Ageas in a research note on Tuesday. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Get Our Latest Analysis on AGESY

Ageas Price Performance

The stock’s 50-day moving average price is $67.35 and its 200-day moving average price is $68.00.

Ageas Company Profile

(Get Free Report)

ageas SA/NV, together with its subsidiaries, engages in insurance business. It operates in five segments: Belgium, Europe, Asia, Reinsurance, and General Account. The company offers property, casualty, and life insurance products, as well as pension products; and reinsurance products. It provides life insurance products include risks related to the life and death of individuals; and non-life insurance products comprise accident and health, motor, fire, and other property insurance products, as well as insurance services for other damages to property.

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