Ageas SA (OTCMKTS:AGESY – Get Free Report) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 9,616 shares, an increase of 84.9% from the February 26th total of 5,202 shares. Based on an average daily trading volume, of 17,184 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the shares of the company are sold short.
Ageas Stock Performance
AGESY stock opened at $71.58 on Thursday. Ageas has a 52 week low of $53.88 and a 52 week high of $75.43. The company’s 50-day simple moving average is $71.57 and its 200 day simple moving average is $69.45.
Analysts Set New Price Targets
AGESY has been the subject of several research reports. The Goldman Sachs Group upgraded shares of Ageas to a “hold” rating in a research report on Tuesday, December 2nd. Barclays reiterated an “overweight” rating on shares of Ageas in a research note on Tuesday, December 9th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.
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.
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