ageas SA/NV (OTCMKTS:AGESY) Reaches New 1-Year High – Still a Buy?

ageas SA/NV (OTCMKTS:AGESY) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $54.52 and last traded at $54.24, with a volume of 2110 shares changing hands. The stock had previously closed at $53.23.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods downgraded shares of ageas SA/NV from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, November 13th.

ageas SA/NV Price Performance

The business has a 50 day moving average price of $50.13 and a 200 day moving average price of $50.77.

ageas SA/NV Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, December 5th were given a dividend of $1.1088 per share. The ex-dividend date of this dividend was Thursday, December 5th.

ageas SA/NV Company Profile

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.