Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Reaches New 12-Month High - What's Next?

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $14.04 and last traded at $13.67, with a volume of 399901 shares changing hands. The stock had previously closed at $13.66.

Analysts Set New Price Targets

Several equities research analysts have weighed in on MURGY shares. The Goldman Sachs Group cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a report on Monday, March 24th. Barclays upgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "strong-buy" rating in a report on Tuesday, January 28th. Four investment analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold".

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Trading Down 0.2 %

The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.20. The stock's fifty day moving average price is $12.43 and its 200 day moving average price is $11.15. The stock has a market cap of $92.23 billion, a P/E ratio of 8.97, a PEG ratio of 1.72 and a beta of 0.79.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) last posted its earnings results on Wednesday, February 26th. The financial services provider reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.17 by ($0.01). Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a return on equity of 18.94% and a net margin of 8.61%. The business had revenue of $16.34 billion during the quarter, compared to the consensus estimate of $19.10 billion. Equities research analysts expect that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 earnings per share for the current year.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.