Ageas (OTCMKTS:AGESY) Reaches New 12-Month High – Time to Buy?

Shares of Ageas SA (OTCMKTS:AGESY) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $85.77 and last traded at $85.7230, with a volume of 3709 shares trading hands. The stock had previously closed at $84.30.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Ageas from a “strong sell” rating to a “hold” rating in a research note on Monday, June 29th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Ageas presently has an average rating of “Hold”.

Ageas Stock Up 1.7%

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 1.13. The company’s 50-day moving average price is $79.62 and its two-hundred day moving average price is $76.34.

About Ageas

Ageas is a multinational insurance group headquartered in Brussels, Belgium, offering a broad range of life and non?life insurance products. Established in 2010 following the restructuring of the Fortis group, Ageas traces its roots back to AG Insurance, founded in 1824. The company operates through two main business segments—protection and savings for individual and corporate clients, and a specialized brokerage and bancassurance network—providing both traditional and innovative risk management solutions.

In the life insurance segment, Ageas offers savings and pension plans, unit?linked policies, and health insurance coverage, while its non?life operations include property, casualty, motor, and liability insurance.