Swiss Re (OTCMKTS:SSREY) Reaches New 1-Year High - Should You Buy?

Swiss Re AG (OTCMKTS:SSREY - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $44.16 and last traded at $43.62, with a volume of 59617 shares trading hands. The stock had previously closed at $43.04.

Analyst Upgrades and Downgrades

Separately, Hsbc Global Res cut shares of Swiss Re from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. Three investment analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy".

Swiss Re Stock Performance

The company has a fifty day moving average of $41.29 and a two-hundred day moving average of $37.66.

Swiss Re Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 24th. Stockholders of record on Wednesday, April 16th will be given a $1.1544 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This is a boost from Swiss Re's previous dividend of $1.00.

About Swiss Re

Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.