M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Short Interest Update

Key Points

• M�nchener R�ckversicherungs-Gesellschaft experienced a significant decline in short interest, dropping by 81.9% from July to August, with current short interest totaling 31,100 shares.
• Analysts have downgraded the company's stock from a "hold" rating to a "moderate sell," while the consensus rating remains a "Hold" with one analyst giving it a Strong Buy rating.
• The company reported earnings of $0.36 EPS for the most recent quarter, surpassing analyst expectations of $0.30, despite revenue falling short at $16.76 billion against a forecast of $22.83 billion.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) saw a significant decrease in short interest in the month of August. As of August 15th, there was short interest totaling 31,100 shares, adecreaseof81.9% from the July 31st total of 172,200 shares. Based on an average trading volume of 392,000 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 392,000 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

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

M�nchener R�ckversicherungs-Gesellschaft Price Performance

Shares of OTCMKTS:MURGY traded down $0.30 during trading on Tuesday, hitting $12.44. 236,931 shares of the company's stock were exchanged, compared to its average volume of 205,233. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.13 and a quick ratio of 1.14. M�nchener R�ckversicherungs-Gesellschaft has a 52-week low of $9.72 and a 52-week high of $14.41. The business's 50-day simple moving average is $13.17 and its 200 day simple moving average is $12.85. The company has a market cap of $81.26 billion, a price-to-earnings ratio of 5.87, a PEG ratio of 1.58 and a beta of 0.69.

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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.06. The firm had revenue of $16.76 billion during the quarter, compared to analysts' expectations of $22.83 billion. M�nchener R�ckversicherungs-Gesellschaft had a return on equity of 15.88% and a net margin of 8.37%. As a group, equities analysts predict that M�nchener R�ckversicherungs-Gesellschaft will post 0.46 EPS for the current 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.

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