Axa Sa (OTCMKTS:AXAHY) Short Interest Update

Axa Sa (OTCMKTS:AXAHY) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 39,736 shares, a decrease of 82.9% from the August 15th total of 231,830 shares. Based on an average daily trading volume, of 104,409 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on AXAHY shares. Erste Group Bank lowered shares of AXA from a “strong-buy” rating to a “hold” rating in a report on Tuesday. DZ Bank downgraded AXA from a “strong-buy” rating to a “hold” rating in a report on Friday, July 31st. Morgan Stanley reissued an “overweight” rating on shares of AXA in a research report on Tuesday, August 4th. Finally, Citigroup reaffirmed a “buy” rating on shares of AXA in a research report on Thursday, August 27th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

AXA Price Performance

AXAHY opened at $50.12 on Friday. The stock’s 50 day moving average price is $51.13 and its 200 day moving average price is $48.40. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.06 and a current ratio of 0.06. AXA has a 12 month low of $43.04 and a 12 month high of $52.56.

AXA Company Profile

AXA SA is a France-based multinational insurance group that provides protection, savings and investment solutions to individuals, businesses and institutional clients. Its offerings include property and casualty insurance, life insurance, health coverage, retirement products and assistance services.

The company operates through a broad international network serving customers across Europe, North America, Asia-Pacific, Africa and other markets. AXA also provides insurance-related risk management and asset-management services, although its business portfolio can change as the group adjusts its operations and ownership interests.

AXA traces its modern corporate history to the formation of Mutuelles Unies in 1985, which adopted the AXA name later that decade.