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

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

Wall Street Analyst Weigh In

MURGY has been the subject of several analyst reports. The Goldman Sachs Group downgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a report on Monday, March 24th. Hsbc Global Res upgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "hold" rating in a research report on Monday, April 28th. Five investment analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold".

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Trading Up 2.5%

Shares of OTCMKTS:MURGY traded up $0.33 during trading on Monday, hitting $13.31. 178,479 shares of the company's stock were exchanged, compared to its average volume of 301,276. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 1-year low of $9.29 and a 1-year high of $14.10. The firm has a 50-day moving average price of $13.02 and a two-hundred day moving average price of $11.64. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.20. The firm has a market cap of $86.94 billion, a P/E ratio of 8.65, a PEG ratio of 1.72 and a beta of 0.76.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The financial services provider reported $0.88 EPS for the quarter, topping the consensus estimate of $0.17 by $0.71. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a net margin of 8.61% and a return on equity of 18.94%. The company had revenue of $16.63 billion during the quarter, compared to analysts' expectations of $19.09 billion. Equities analysts predict that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 earnings per share for the current year.

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.