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AXA (OTCMKTS:AXAHY) Sees Strong Trading Volume - Time to Buy?

AXA logo with Finance background

Key Points

  • AXA's stock experienced a significant increase in trading volume, with 338,549 shares traded on Monday, representing a 128% rise from the previous session.
  • The stock price was recorded at $49.79 after a drop of 1.6% from its previous close of $50.70.
  • Barclays has reaffirmed an "overweight" rating on AXA shares as analysts set new price targets.
  • Looking to export and analyze AXA data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Axa Sa (OTCMKTS:AXAHY - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 338,549 shares were traded during mid-day trading, an increase of 128% from the previous session's volume of 148,338 shares.The stock last traded at $49.79 and had previously closed at $50.70.

Wall Street Analyst Weigh In

Separately, Barclays reiterated an "overweight" rating on shares of AXA in a report on Wednesday, June 11th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy".

Check Out Our Latest Stock Report on AXAHY

AXA Price Performance

The company's 50 day simple moving average is $48.78 and its 200 day simple moving average is $45.45.

AXA Company Profile

(Get Free Report)

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.

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