Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Short Interest Update

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 40,400 shares, a drop of 74.3% from the March 15th total of 157,000 shares. Based on an average daily trading volume, of 472,800 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's shares are sold short.

Analysts Set New Price Targets

Several brokerages recently weighed in on MURGY. Barclays upgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "strong-buy" rating in a report on Tuesday, January 28th. The Goldman Sachs Group lowered shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a report on Monday, March 24th. Four analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold".

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Up 1.9 %

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München stock traded up $0.25 during trading hours on Friday, hitting $13.66. 245,239 shares of the stock traded hands, compared to its average volume of 308,736. The firm's 50-day moving average price is $12.15 and its two-hundred day moving average price is $11.04. 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 company has a market cap of $91.36 billion, a PE ratio of 8.88, a PEG ratio of 1.72 and a beta of 0.79. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a one year low of $8.44 and a one year high of $13.74.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) last released its earnings results on Wednesday, February 26th. The financial services provider reported $0.16 earnings per share 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 analysts' expectations of $19.10 billion. On average, research analysts forecast that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 EPS 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.