Ageas (OTCMKTS:AGESY) Hits New 52-Week High - Time to Buy?

Key Points

• Ageas SA shares have reached a new 52-week high of $69.63, with a trading volume of 2,018 shares on the reported day.
• The company announced an increase in its dividend to $1.5908 per share, significantly up from the previous dividend of $1.11, resulting in a dividend yield of 405.0%.
• Ageas operates in multiple segments including Belgium, Europe, Asia, Reinsurance, and General Account, providing various insurance products and services.

Shares of Ageas SA (OTCMKTS:AGESY - ) hit a new 52-week high during trading on Monday . The company traded as high as $69.63 and last traded at $69.63, with a volume of 2018 shares trading hands. The stock had previously closed at $67.85.

Ageas Price Performance

The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.21. The stock has a 50 day simple moving average of $66.66 and a 200 day simple moving average of $60.97.

Ageas Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, June 9th were given a dividend of $1.5908 per share. This is a boost from Ageas's previous dividend of $1.11. This represents a dividend yield of 405.0%. The ex-dividend date was Friday, June 6th.

Ageas 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.

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