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AXA (OTCMKTS:AXAHY) Stock Price Down 1.6% - Here's Why

AXA logo with Finance background

Key Points

  • AXA's stock price declined by 1.6% during trading, closing at $49.88, marking a decrease from its previous close of $50.70.
  • Despite the decline, Barclays has reaffirmed an "overweight" rating on AXA shares, suggesting potential growth opportunities ahead.
  • The trading volume of AXA shares saw a significant increase of 203% compared to the average session volume, indicating heightened investor interest.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Axa Sa (OTCMKTS:AXAHY - Get Free Report) traded down 1.6% on Monday . The stock traded as low as $49.70 and last traded at $49.88. 432,667 shares traded hands during mid-day trading, an increase of 203% from the average session volume of 142,569 shares. The stock had previously closed at $50.70.

Analysts Set New Price Targets

Separately, Barclays reissued an "overweight" rating on shares of AXA in a research note 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 company. According to data from MarketBeat.com, the company has a consensus rating of "Buy".

View Our Latest Stock Report on AXA

AXA Price Performance

The business's fifty day moving average is $48.78 and its 200-day moving average is $45.45.

About AXA

(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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