Ageas (OTCMKTS:AGESY) Stock Price Crosses Above 50 Day Moving Average - Here's Why

Key Points

• Ageas SA's stock price recently crossed above its 50-day moving average of $66.97, reaching a high of $71.34 during trading.
• The company has announced a dividend increase, paying a current dividend of $1.5908 per share, up from $1.11, reflecting a substantial yield of 405.0%.
• Ageas operates in various segments, including insurance and reinsurance products, with a solid debt-to-equity ratio of 0.21, indicating good financial stability.

Ageas SA (OTCMKTS:AGESY - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $66.97 and traded as high as $71.34. Ageas shares last traded at $71.34, with a volume of 4,150 shares changing hands.

Ageas Trading Down 0.2%

The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.21. The firm has a fifty day moving average price of $67.21 and a 200-day moving average price of $61.52.

Ageas Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, June 9th were paid a $1.5908 dividend. This represents a dividend yield of 405.0%. The ex-dividend date 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.