M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Sees Unusually-High Trading Volume - Time to Buy?

Key Points

• Münchener Rückversicherungs-Gesellschaft (OTCMKTS:MURGY) experienced a significant increase in trading volume, with approximately 1,018,590 shares traded on Wednesday, up 194% from the previous session.
• Keefe, Bruyette & Woods downgraded the stock from a "hold" rating to a "moderate sell" rating, while one analyst maintains a "Strong Buy" rating and five have a "Hold" rating.
• The company reported an earnings per share (EPS) of $0.36 for the last quarter, surpassing analysts' estimates of $0.30, although its revenue was less than expected at $16.76 billion.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 1,018,590 shares changed hands during trading, an increase of 194% from the previous session's volume of 346,098 shares.The stock last traded at $12.35 and had previously closed at $12.28.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods cut shares of M�nchener R�ckversicherungs-Gesellschaft from a "hold" rating to a "moderate sell" rating in a report on Friday, June 6th. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, M�nchener R�ckversicherungs-Gesellschaft has a consensus rating of "Hold".

M�nchener R�ckversicherungs-Gesellschaft Price Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 1.13 and a quick ratio of 1.13. The stock has a market capitalization of $80.15 billion, a price-to-earnings ratio of 5.65, a PEG ratio of 1.52 and a beta of 0.69. The stock's 50 day simple moving average is $12.98 and its 200-day simple moving average is $12.95.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) last released its quarterly earnings results on Friday, August 8th. The financial services provider reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.06. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 8.37% and a return on equity of 15.88%. The company had revenue of $16.76 billion for the quarter, compared to analyst estimates of $22.83 billion. On average, analysts expect that M�nchener R�ckversicherungs-Gesellschaft will post 0.46 EPS for the current fiscal year.

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.