Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Short Interest Up 99.3% in May

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 57,800 shares, a growth of 99.3% from the May 15th total of 29,000 shares. Based on an average trading volume of 658,400 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company's stock are short sold.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Down 1.9%

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München stock traded down $0.25 during trading hours on Tuesday, hitting $12.71. The stock had a trading volume of 249,242 shares, compared to its average volume of 291,013. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $83.02 billion, a P/E ratio of 8.26, a price-to-earnings-growth ratio of 1.72 and a beta of 0.72. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 12-month low of $9.29 and a 12-month high of $14.10. The stock's 50-day moving average price is $13.16 and its 200-day moving average price is $11.86.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) last issued its earnings results on Tuesday, May 13th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.71. The business had revenue of $16.63 billion during the quarter, compared to analysts' expectations of $19.09 billion. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a net margin of 8.61% and a return on equity of 18.94%. Equities research analysts anticipate that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on MURGY. Keefe, Bruyette & Woods lowered shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "hold" rating to a "moderate sell" rating in a research note on Friday, June 6th. Hsbc Global Res raised shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "hold" rating in a research note on Monday, April 28th. Finally, The Goldman Sachs Group lowered shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 24th. Five research analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München currently has a consensus rating of "Hold".

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.