Axa Sa (OTCMKTS:AXAHY) Sees Large Drop in Short Interest

Axa Sa (OTCMKTS:AXAHY) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 1,748 shares, a decline of 76.2% from the May 14th total of 7,349 shares. Based on an average daily volume of 590,115 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

AXA Trading Up 0.3%

OTCMKTS:AXAHY opened at $46.49 on Thursday. The business has a 50 day moving average of $47.20 and a 200 day moving average of $46.39. AXA has a 1-year low of $43.04 and a 1-year high of $50.95. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.06 and a current ratio of 0.06.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Royal Bank Of Canada assumed coverage on AXA in a report on Monday, February 16th. They set a “moderate buy” rating for the company. Erste Group Bank raised AXA to a “strong-buy” rating in a report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat, AXA currently has a consensus rating of “Strong Buy”.

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.