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

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) was the target of a large 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. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 658,400 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

MURGY has been the topic of several recent analyst reports. Hsbc Global Res upgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "hold" rating in a research note on Monday, April 28th. The Goldman Sachs Group cut shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 24th. Finally, Keefe, Bruyette & Woods cut shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "hold" rating to a "moderate sell" rating in a research report on Friday, June 6th. Five research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold".

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Price Performance

Shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München stock traded down $0.17 on Friday, hitting $12.77. 154,676 shares of the company traded hands, compared to its average volume of 292,260. The firm's 50-day simple moving average is $13.13 and its 200 day simple moving average is $11.83. 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 $83.42 billion, a P/E ratio of 8.30, a P/E/G 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.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The financial services provider reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.71. The firm had revenue of $16.63 billion for 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%. Analysts expect that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 earnings per share for the current fiscal year.

About Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

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.