Ageas (OTCMKTS:AGESY) Sees Strong Trading Volume - Should You Buy?

Key Points

• Ageas shares experienced a significant trading volume increase of 36% on Monday, with approximately 5,775 shares traded, impacting the stock price which last traded at $68.09.
• The company recently raised its dividend to $1.5908 per share, an increase from the previous $1.11, resulting in a yield of 4.05%.
• Ageas operates in multiple segments, including Belgium, Europe, Asia, Reinsurance, and General Account, providing various insurance products and services.

Ageas SA (OTCMKTS:AGESY - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 5,775 shares changed hands during trading, an increase of 36% from the previous session's volume of 4,251 shares.The stock last traded at $68.09 and had previously closed at $68.77.

Ageas Stock Performance

The stock's 50 day moving average is $66.66 and its 200 day moving average is $60.82. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.07 and a current ratio of 1.07.

Ageas Increases Dividend

The company also recently declared a dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, June 9th were issued a $1.5908 dividend. This represents a yield of 405.0%. The ex-dividend date of this dividend was Friday, June 6th. This is a positive change from Ageas's previous dividend of $1.11.

About Ageas

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.