Swiss Re (OTCMKTS:SSREY) Stock Crosses Below Fifty Day Moving Average - Here's What Happened

Key Points

• Swiss Re Ltd.'s share price has fallen below its 50-day moving average of $45.27, trading as low as $44.72 during the latest session.
• Analysts have mixed views on the stock, with BNP Paribas and Barclays recently downgrading it to a "strong sell," while Citigroup maintains a "buy" rating.
• The company has a debt-to-equity ratio of 0.27 and a current ratio of 12.70, indicating a strong liquidity position compared to its debt levels.

Swiss Re Ltd. (OTCMKTS:SSREY - Get Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $45.27 and traded as low as $44.72. Swiss Re shares last traded at $44.97, with a volume of 17,723 shares changing hands.

Analyst Ratings Changes

SSREY has been the subject of several recent research reports. BNP Paribas cut Swiss Re from a "hold" rating to a "strong sell" rating in a research note on Monday, June 2nd. Barclays cut Swiss Re from a "hold" rating to a "strong sell" rating in a research note on Thursday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, Swiss Re currently has an average rating of "Hold".

Swiss Re Price Performance

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 company has a 50 day moving average price of $45.28 and a 200 day moving average price of $43.87.

Swiss Re Company Profile

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.