Ageas (OTCMKTS:AGESY) Sets New 52-Week High - Still a Buy?

Key Points

• Ageas SA shares reached a new 52-week high, trading at $71.71 on Monday with a trading volume of 801 shares.
• The company recently increased its dividend to $1.5908 per share, up from the previous $1.11, resulting in a 405.0% dividend yield.
• Ageas operates in various insurance segments, including property, casualty, life insurance, and reinsurance.

Shares of Ageas SA (OTCMKTS:AGESY - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $71.71 and last traded at $71.71, with a volume of 801 shares traded. The stock had previously closed at $71.20.

Ageas Price Performance

The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.07 and a current ratio of 1.07. The company has a 50 day moving average price of $67.83 and a two-hundred day moving average price of $62.24.

Ageas Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, June 9th were paid a dividend of $1.5908 per share. This represents a dividend 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.