Shares of M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) rose 1.1% during mid-day trading on Wednesday . The stock traded as high as $13.60 and last traded at $13.54. Approximately 335,227 shares traded hands during trading, an increase of 63% from the average daily volume of 205,510 shares. The stock had previously closed at $13.39.
Analyst Ratings Changes
MURGY has been the subject of several recent analyst reports. Keefe, Bruyette & Woods cut M�nchener R�ckversicherungs-Gesellschaft from a "hold" rating to a "moderate sell" rating in a research note on Friday, June 6th. Hsbc Global Res raised M�nchener R�ckversicherungs-Gesellschaft to a "hold" rating in a research note on Monday, April 28th. Finally, The Goldman Sachs Group cut M�nchener R�ckversicherungs-Gesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 24th. Five research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, M�nchener R�ckversicherungs-Gesellschaft has a consensus rating of "Hold".
View Our Latest Stock Report on MURGY
M�nchener R�ckversicherungs-Gesellschaft Price Performance
The company has a debt-to-equity ratio of 0.19, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a 50 day moving average price of $13.03 and a two-hundred day moving average price of $12.12. The firm has a market capitalization of $88.45 billion, a price-to-earnings ratio of 6.53, a PEG ratio of 1.42 and a beta of 0.70.
M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The financial services provider reported $0.88 earnings per share 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 expect that M�nchener R�ckversicherungs-Gesellschaft will post 0.46 EPS for the current year.
About M�nchener R�ckversicherungs-Gesellschaft
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider M�nchener R�ckversicherungs-Gesellschaft, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and M�nchener R�ckversicherungs-Gesellschaft wasn't on the list.
While M�nchener R�ckversicherungs-Gesellschaft currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
