AXA (OTCMKTS:AXAHY) Hits New 12-Month High – Still a Buy?

Axa Sa (OTCMKTS:AXAHY)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $52.10 and last traded at $51.96, with a volume of 73863 shares traded. The stock had previously closed at $51.57.

Analysts Set New Price Targets

Separately, Erste Group Bank upgraded AXA to a “strong-buy” rating in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Strong Buy”.

AXA Trading Up 1.0%

The company’s 50-day simple moving average is $48.93 and its 200 day simple moving average is $47.23. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.06 and a current 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.