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Swiss Re (OTCMKTS:SSREY) Stock Crosses Below Fifty Day Moving Average - Time to Sell?

Swiss Re logo with Finance background
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Swiss Re Ltd. (OTCMKTS:SSREY - Get Free Report)'s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $41.60 and traded as low as $39.8250. Swiss Re shares last traded at $39.84, with a volume of 28,512 shares trading hands.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lowered Swiss Re from a "hold" rating to a "sell" rating in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Swiss Re has an average rating of "Reduce".

View Our Latest Stock Analysis on SSREY

Swiss Re Price Performance

The company has a current ratio of 39.12, a quick ratio of 39.12 and a debt-to-equity ratio of 0.32. The firm has a fifty day moving average price of $41.60 and a 200 day moving average price of $42.20.

Swiss Re Company Profile

(Get Free Report)

Swiss Re OTCMKTS: SSREY is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re's product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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