Short Interest in Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Declines By 50.8%

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) saw a significant decline in short interest in May. As of May 15th, there was short interest totalling 29,000 shares, a decline of 50.8% from the April 30th total of 58,900 shares. Based on an average daily trading volume, of 574,900 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Trading Up 1.5%

Shares of MURGY traded up $0.19 during mid-day trading on Wednesday, reaching $13.22. 157,729 shares of the company's stock traded hands, compared to its average volume of 298,844. The stock has a market cap of $86.36 billion, a P/E ratio of 8.60, a P/E/G ratio of 1.72 and a beta of 0.76. The stock's 50-day moving average is $13.05 and its two-hundred day moving average is $11.68. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 12 month low of $9.29 and a 12 month high of $14.10. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.12 and a quick ratio of 1.12.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) last released 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. The firm had revenue of $16.63 billion for the quarter, compared to analysts' expectations of $19.09 billion. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a return on equity of 18.94% and a net margin of 8.61%. Research analysts forecast that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on MURGY. Hsbc Global Res upgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "hold" rating in a research report on Monday, April 28th. The Goldman Sachs Group downgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 24th. Five investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München presently has an average rating of "Hold".

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München 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.