Axis Capital Holdings Ltd (NYSE:AXS) shares, rose in value on Friday, May 30, with the stock price up by 1.22% to the previous day’s close as strong demand from buyers drove the stock to $103.80.
Actively observing the price movement in the last trading, the stock closed the session at $102.55. The PE ratio was 10.30 over 12-month period. Referring to stock’s 52-week performance, its high was $103.85, and the low was $68.02. On the whole, AXS has fluctuated by 7.77% over the past month.
With the market capitalization of Axis Capital Holdings Ltd currently standing at about $8.16 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.76, with its dividend yield at 1.70%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AXS’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.44, with the price of AXS currently trading nearly 2.69% and 6.11% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 62.51, while the 7-day volatility ratio is showing 1.36% which for the 30-day chart, stands at 1.23%. Furthermore, Axis Capital Holdings Ltd (AXS)’s beta value is 0.83, and its average true range (ATR) is 2.26.
A comparison of Axis Capital Holdings Ltd (AXS) with its peers suggests the former has fared considerably weaker in the market. AXS showed an intraday change of 1.22% in last session, and over the past year, it grew by 45.22%%.
Data on historical trading for Axis Capital Holdings Ltd (NYSE:AXS) indicates that the trading volumes over the past 3 months, they’ve averaged 703.26K. According to company’s latest data on outstanding shares, there are 78.65 million shares outstanding.
Nearly 3.84% of Axis Capital Holdings Ltd’s shares belong to company insiders and institutional investors own 95.34% of the company’s shares. The stock has risen by 17.13% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AXS stock heading into the next quarter.
