M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Sees Large Growth in Short Interest

Key Points

• Münchener Rückversicherungs-Gesellschaft saw a significant increase in short interest of 138.7% in July, with a total of 165,900 shares reported as of July 15th.
• The company's stock opened at $13.40, with a 12-month price range of $9.29 to $14.10, and a market capitalization of $87.51 billion.
• Recent earnings results showed an EPS of $0.88, significantly above the consensus estimate of $0.17, although revenue fell short of expectations at $16.63 billion.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 165,900 shares, anincreaseof138.7% from the June 30th total of 69,500 shares. Based on an average daily trading volume, of 561,100 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 561,100 shares, the days-to-cover ratio is currently 0.3 days.

M�nchener R�ckversicherungs-Gesellschaft Price Performance

Shares of M�nchener R�ckversicherungs-Gesellschaft stock opened at $13.40 on Tuesday. The business has a 50 day simple moving average of $13.12 and a two-hundred day simple moving average of $12.55. M�nchener R�ckversicherungs-Gesellschaft has a 12 month low of $9.29 and a 12 month high of $14.10. The stock has a market capitalization of $87.51 billion, a P/E ratio of 6.47, a PEG ratio of 1.43 and a beta of 0.71. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.14 and a quick ratio of 1.14.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) last announced its earnings results on Tuesday, May 13th. The financial services provider reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.71. M�nchener R�ckversicherungs-Gesellschaft had a return on equity of 14.53% and a net margin of 7.53%. The business had revenue of $16.63 billion during the quarter, compared to analysts' expectations of $19.09 billion. As a group, analysts predict that M�nchener R�ckversicherungs-Gesellschaft will post 0.46 EPS for the current fiscal year.

Analyst Ratings Changes

MURGY has been the topic of several research analyst reports. Hsbc Global Res upgraded M�nchener R�ckversicherungs-Gesellschaft to a "hold" rating in a research note on Monday, April 28th. Keefe, Bruyette & Woods downgraded M�nchener R�ckversicherungs-Gesellschaft from a "hold" rating to a "moderate sell" rating in a research note on Friday, June 6th. Five equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold".

About M�nchener R�ckversicherungs-Gesellschaft

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.

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