Shares of Hannover Ruck SE (OTCMKTS:HVRRY - Get Free Report) saw strong trading volume on Wednesday . 19,710 shares changed hands during mid-day trading, an increase of 231% from the previous session's volume of 5,955 shares.The stock last traded at $53.11 and had previously closed at $52.62.
Wall Street Analyst Weigh In
Separately, Hsbc Global Res raised Hannover Ruck to a "hold" rating in a research note on Monday, April 28th.
Get Our Latest Stock Report on Hannover Ruck
Hannover Ruck Trading Down 1.7%
The firm has a market cap of $38.12 billion, a P/E ratio of 15.73 and a beta of 0.45. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.09 and a quick ratio of 0.09. The stock has a 50 day moving average of $52.45 and a 200 day moving average of $49.57.
Hannover Ruck (OTCMKTS:HVRRY - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.80 by ($0.10). Hannover Ruck had a net margin of 8.46% and a return on equity of 18.29%. The business had revenue of $8.06 billion for the quarter, compared to analysts' expectations of $7.10 billion. As a group, equities research analysts predict that Hannover Ruck SE will post 3.42 EPS for the current year.
Hannover Ruck Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, May 22nd. Stockholders of record on Monday, May 12th were issued a dividend of $0.2709 per share. The ex-dividend date was Friday, May 9th. This represents a dividend yield of 0.5%. Hannover Ruck's dividend payout ratio is currently 27.46%.
About Hannover Ruck
(
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Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.
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