Aegon N.V.’s Stock Gains 1.27%, But It May Still Be Worth Investing In.

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The trading price of Aegon N.V. (NYSE:AEG) floating higher at last check on Wednesday, January 05, closing at $5.20, 1.27% higher than its previous close.

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Traders who pay close attention to intraday price movement should know that it has been fluctuating between $5.12 and $5.175. In examining the 52-week price action we see that the stock hit a 52-week high of $5.29 and a 52-week low of $3.89. Over the past month, the stock has gained 14.51% in value.

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Aegon N.V., whose market valuation is $10.92 billion at the time of this writing. The dividend yield on the company stock is 2.73%, while its Forward Dividend ratio is 0.14. Investors’ optimism about the company’s current quarter earnings report is understandable.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Aegon N.V. No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest AEG has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned AEG a recommendation rating is 18. Out of them, 10 rate it a Hold, while 5 recommend Buy, whereas 0 assign an Overweight rating. 2 analyst(s) have tagged Aegon N.V. (AEG) as Underweight, while 1 advise Sell. Analysts have rated the stock Hold, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

A quick review shows that AEG’s price is currently 9.18% off the SMA20 and 8.00% off the SMA50. The RSI metric on the 14-day chart is currently showing 70.03, and weekly volatility stands at 0.86%. When measured over the past 30 days, the indicator reaches 1.20%. Aegon N.V. (NYSE:AEG)’s beta value is currently sitting at 1.32, while the Average True Range indicator is currently displaying 0.11. With analysts defining $3.39-$6.78 as the low and high price targets, we arrive at a consensus price target of $5.22 for the trailing 12-month period. The current price is about 34.81% off the estimated low and -30.38% off the forecast high, based on this estimate. Investors will be thrilled if AEG’s share price rises to $5.26, which is the median consensus price. At that level, AEG’s share price would be -1.15% below current price.

To see how Aegon N.V. stock has been performing today in comparison to its peers in the industry, here are the numbers: AEG stock’s performance was 1.27% at last check in today’s session, and 29.55% in the past year, while Lincoln National Corporation (LNC) has been trading 0.55% in recent session and positioned 47.91% higher than it was a year ago. Another comparable company Prudential plc (PUK) saw its stock trading -1.18% lower in today’s session but was down -3.14% in a year. Furthermore, MetLife Inc. (MET) showed an increase of 1.56% today while its price kept inclining at 39.21% over the past year. Also during today’s trading, the S&P 500 Index has plunged -0.13%, while the Dow Jones Industrial also saw a positive session, up 0.23% today.

An evaluation of the daily trading volume of Aegon N.V. (NYSE:AEG) indicates that the 3-month average is 1.87 million. However, this figure has increased over the past 10 days to an average of 1.51 million.

Currently, records show that 2.06 billion of the company’s shares remain outstanding. The insiders hold 10.10% of outstanding shares, whereas institutions hold 7.80%. The stats also highlight that short interest as of Jul 14, 2021, stood at 1.69 million shares, resulting in a short ratio of 0.9 at that time. From this, we can conclude that short interest is 0.08% of the company’s total outstanding shares. It is noteworthy that short shares in July were up slightly from the previous month’s figure, which was 1.59 million. However, since the stock’s price has seen 3.85% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.