Ageas (OTCMKTS:AGESY) Sees Unusually-High Trading Volume – Here’s What Happened

Ageas SA (OTCMKTS:AGESY) shares saw unusually-strong trading volume on Wednesday . Approximately 9,415 shares were traded during mid-day 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 Upgrades and Downgrades

A number of research firms have issued reports on AGESY. Barclays reiterated an “overweight” rating on shares of Ageas in a research note on Tuesday. The Goldman Sachs Group raised shares of Ageas to a “hold” rating in a research note on Tuesday, December 2nd. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Ageas Stock Down 2.5%

The business’s 50 day moving average is $67.42 and its 200-day moving average is $68.02.

About Ageas

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.