M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Shares Gap Down - Time to Sell?

Key Points

• Münchener Rückversicherungs-Gesellschaft shares gapped down from a previous close of $14.15 to open at $13.11, finally trading at $13.13 with a volume of 61,912 shares.
• Analysts have mixed views on the stock, with HSBC Global Research upgrading it to a "hold" rating while Keefe, Bruyette & Woods downgraded it to a "moderate sell"; the consensus rating currently stands at "Hold".
• The company reported $0.36 earnings per share for the last quarter, exceeding analysts' expectations of $0.29, and has a strong net margin of 7.53% and return on equity of 14.53%.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $14.15, but opened at $13.11. M�nchener R�ckversicherungs-Gesellschaft shares last traded at $13.13, with a volume of 61,912 shares.

Analysts Set New Price Targets

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

M�nchener R�ckversicherungs-Gesellschaft Stock Performance

The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.19. The company's fifty day moving average is $13.18 and its 200 day moving average is $12.65. The company has a market cap of $84.63 billion, a P/E ratio of 5.97, a price-to-earnings-growth ratio of 1.43 and a beta of 0.71.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) last released its earnings results on Friday, August 8th. The financial services provider reported $0.36 EPS for the quarter, beating the consensus estimate of $0.30 by $0.06. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 8.37% and a return on equity of 15.76%. The company had revenue of $16.76 billion for the quarter, compared to analyst estimates of $22.83 billion. As a group, equities analysts predict that M�nchener R�ckversicherungs-Gesellschaft will post 0.46 earnings per share for the current fiscal year.

M�nchener R�ckversicherungs-Gesellschaft 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.