Aegon NV (AEG) : Traders are bullish on Aegon NV (AEG) as it has outperformed the S&P 500 by a wide margin of 6.4% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.41%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.46% in the last 1 week, and is up 7.49% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 3.87% and the 50-Day Moving Average is 0.85%. Aegon NV (NYSE:AEG): On Fridays trading session , Opening price of the stock was $4.16 with an intraday high of $4.17. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $4.13. However, the stock managed to close at $4.16, a loss of 2.58% for the day. On the previous day, the stock had closed at $4.27. The total traded volume of the day was 975,056 shares.
Institutional Investors own 6.66% of Aegon NV shares. Also, Brokerage firm Barclays downgrades its rating on Aegon NV (NYSE:AEG). The shares have been rated Underweight. Previously, the analysts had a Equal-weight rating on the shares. The rating by the firm was issued on June 29, 2016.
AEGON NV is a life insurance, pensions and asset management company based in the Netherlands. The Companys products range from life, critical illness and disability insurance, to pensions, annuities, long-term savings and investments. It also offers mortgages, and car, household and travel insurance in some markets. The Companys segments include: the Americas, which includes the United States, Mexico and Brazil; the Netherlands; the United Kingdom, and New Markets, which includes a number of countries in Central & Eastern Europe and Asia, in addition to Spain, France, Variable Annuities Europe and Aegon Asset Management.