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Swiss Re (OTCMKTS:SSREY) Sets New 52-Week High - Should You Buy?

Swiss Re logo with Finance background

Swiss Re Ltd. (OTCMKTS:SSREY - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $46.95 and last traded at $46.92, with a volume of 11948 shares changing hands. The stock had previously closed at $45.96.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on SSREY shares. BNP Paribas cut shares of Swiss Re from a "hold" rating to a "strong sell" rating in a research report on Monday, June 2nd. Barclays lowered Swiss Re from a "hold" rating to a "strong sell" rating in a report on Thursday, June 12th. Finally, Citigroup reiterated a "buy" rating on shares of Swiss Re in a research report on Tuesday, May 20th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold".

Check Out Our Latest Report on SSREY

Swiss Re Price Performance

The company has a quick ratio of 12.70, a current ratio of 12.70 and a debt-to-equity ratio of 0.27. The business's 50 day simple moving average is $43.76 and its 200 day simple moving average is $41.97.

Swiss Re Company Profile

(Get Free Report)

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.

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