AXA (OTCMKTS:AXAHY) Sets New 12-Month High – Time to Buy?

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

Analyst Upgrades and Downgrades

Several research analysts recently commented on AXAHY shares. Morgan Stanley reiterated an “overweight” rating on shares of AXA in a research note on Tuesday. DZ Bank lowered AXA from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 31st. Finally, Erste Group Bank upgraded AXA to a “strong-buy” rating in a report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy”.

AXA Stock Up 0.7%

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

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.