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

Axa Sa (OTCMKTS:AXAHY) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $51.00 and last traded at $51.00, with a volume of 12161 shares changing hands. The stock had previously closed at $50.89.

Wall Street Analyst Weigh In

Separately, Erste Group Bank raised 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 and one has given a Buy rating to the company. Based on data from MarketBeat, AXA currently has a consensus rating of “Strong Buy”.

AXA Trading Up 0.7%

The stock’s fifty day moving average price is $48.00 and its two-hundred day moving average price is $47.00. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.06 and a quick ratio of 0.06.

About AXA

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.