Swiss Re (OTCMKTS:SSREY) Sees Large Volume Increase - Should You Buy?

Swiss Re Ltd. (OTCMKTS:SSREY - Get Free Report) shares saw an uptick in trading volume on Tuesday . 115,562 shares were traded during trading, an increase of 294% from the previous session's volume of 29,302 shares.The stock last traded at $42.12 and had previously closed at $42.07.

Analysts Set New Price Targets

A number of brokerages have recently commented on SSREY. BNP Paribas downgraded Swiss Re from a "hold" rating to a "strong sell" rating in a research note on Monday, June 2nd. Barclays lowered Swiss Re from a "hold" rating to a "strong sell" rating in a research note on Thursday, June 12th. Finally, Citigroup restated a "buy" rating on shares of Swiss Re in a 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 assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Swiss Re currently has a consensus rating of "Hold".

Swiss Re Trading Up 0.5%

The company has a current ratio of 12.70, a quick ratio of 12.70 and a debt-to-equity ratio of 0.27. The business's fifty day moving average is $43.88 and its 200 day moving average is $40.90.

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.