M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Reaches New 12-Month Low - Should You Sell?

Key Points

• 52-week low: Münchener Rückversicherungs-Gesellschaft (OTCMKTS:MURGY) fell to a new 52-week low of $11.80 on Tuesday with about 766,577 shares traded.
• Analyst sentiment: Several upgrades (Erste Group and Zacks to "strong-buy", Kepler initiating at "buy") leave a MarketBeat consensus rating of "Strong Buy".
• Valuation and results: the company has a market cap of $75.75B, a low PE of 6.69 and PEG of 0.49, reported quarterly EPS of $0.17 (in line) with revenue of $19.77B (beat), and analysts forecast FY EPS of 4.38.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as $11.80 and last traded at $11.8150, with a volume of 766577 shares trading hands. The stock had previously closed at $11.84.

Analyst Upgrades and Downgrades

MURGY has been the subject of a number of analyst reports. Erste Group Bank raised M�nchener R�ckversicherungs-Gesellschaft from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 2nd. Kepler Capital Markets initiated coverage on M�nchener R�ckversicherungs-Gesellschaft in a research report on Friday, January 16th. They issued a "buy" rating for the company. Finally, Zacks Research raised M�nchener R�ckversicherungs-Gesellschaft from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Strong Buy".

M�nchener R�ckversicherungs-Gesellschaft Stock Performance

The stock has a market capitalization of $75.75 billion, a PE ratio of 6.69, a price-to-earnings-growth ratio of 0.49 and a beta of 0.46. The firm has a 50-day moving average price of $12.66 and a 200-day moving average price of $12.62. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.22.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) last announced its earnings results on Thursday, February 26th. The financial services provider reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17. M�nchener R�ckversicherungs-Gesellschaft had a return on equity of 19.10% and a net margin of 10.19%.The firm had revenue of $19.77 billion during the quarter, compared to analyst estimates of $19.51 billion. As a group, equities analysts forecast that M�nchener R�ckversicherungs-Gesellschaft will post 4.38 EPS for the current fiscal year.

M�nchener R�ckversicherungs-Gesellschaft Company Profile

Münchener Rückversicherungs-Gesellschaft OTCMKTS: MURGY, commonly known as Munich Re, is a global reinsurance company headquartered in Munich, Germany. The firm's core business is providing reinsurance solutions to primary insurers, covering property–casualty and life & health risks. Munich Re also offers specialty reinsurance products for complex or large-scale exposures and develops tailored risk-transfer solutions for clients facing catastrophic, industrial, or longevity risks.

In addition to its reinsurance operations, Munich Re conducts primary insurance activities through its ERGO Group subsidiary, which markets life, health, property & casualty, and legal protection insurance to retail and corporate customers.

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