AXA (OTCMKTS:AXAHY) Hits New 52-Week High - Here's Why

Shares of Axa Sa (OTCMKTS:AXAHY - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $49.47 and last traded at $49.39, with a volume of 132227 shares trading hands. The stock had previously closed at $48.79.

Wall Street Analyst Weigh In

AXAHY has been the subject of a number of recent research reports. Barclays reiterated an "overweight" rating on shares of AXA in a report on Wednesday, June 11th. The Goldman Sachs Group raised AXA from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 2nd.

AXA Stock Up 0.8%

The business has a 50 day simple moving average of $48.28 and a 200-day simple moving average of $43.84.

AXA Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, May 22nd. Stockholders of record on Monday, May 5th were issued a dividend of $2.0192 per share. The ex-dividend date was Friday, May 2nd. This represents a dividend yield of 4.31%.

AXA Company Profile

AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide. The company operates through six segments: France; Europe; AXA XL; Asia, Africa & EME-LATAM; AXA Investment Managers; and Transversal & Other segments It offers life and savings insurance products, such as savings and retirement, other health, and personal protection products.