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AXA (OTCMKTS:AXAHY) Shares Cross Below 50 Day Moving Average - What's Next?

AXA logo with Finance background

Key Points

  • AXA's share price fell below its 50-day moving average of $48.22, trading as low as $47.06 during Thursday's session.
  • Analysts maintain a positive outlook, with Barclays reaffirming an "overweight" rating and a mix of Strong Buy and Buy ratings from researchers.
  • AXA SA operates globally in insurance, asset management, and banking services, with significant segments including Europe, Asia, and AXA XL.
  • MarketBeat previews the top five stocks to own by November 1st.

Shares of Axa Sa (OTCMKTS:AXAHY - Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $48.22 and traded as low as $47.06. AXA shares last traded at $47.38, with a volume of 66,759 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Barclays reissued an "overweight" rating on shares of AXA in a report on Wednesday, June 11th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Buy".

View Our Latest Stock Report on AXA

AXA Trading Down 0.9%

The stock's fifty day simple moving average is $48.15 and its two-hundred day simple moving average is $46.40.

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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