Swiss Re (OTCMKTS:SSREY) Hits New 1-Year High - Time to Buy?

Key Points

• Swiss Re's stock price hit a new 52-week high of $47.04, up from a previous close of $46.24.
• Analyst opinions on Swiss Re are mixed, with two analysts rating it as a sell, three as hold, one as buy, and two as strong buy, resulting in a consensus rating of "Hold."
• The company's financials showcase a strong position with a quick ratio of 12.70 and a debt-to-equity ratio of 0.27.

Swiss Re Ltd. (OTCMKTS:SSREY - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $47.04 and last traded at $47.04, with a volume of 421 shares changing hands. The stock had previously closed at $46.24.

Wall Street Analysts Forecast Growth

SSREY has been the topic of several recent research reports. Barclays lowered shares of Swiss Re from a "hold" rating to a "strong sell" rating in a report on Thursday, June 12th. BNP Paribas downgraded shares of Swiss Re from a "hold" rating to a "strong sell" rating in a research report on Monday, June 2nd. 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 assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Swiss Re has a consensus rating of "Hold".

Swiss Re Stock Performance

The business has a 50-day moving average price of $44.10 and a 200-day moving average price of $42.70. The company has a debt-to-equity ratio of 0.27, a quick ratio of 12.70 and a current ratio of 12.70.

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.