Talanx (ETR:TLX) Shares Down 0.5% - What's Next?

Key Points

• Talanx AG's shares decreased by 0.5%, trading at €111.60 ($131.29), marking a significant decline in trading volume of 51% compared to the average.
• The company's market capitalization stands at $29.33 billion, with a P/E ratio of 15.49 and a PEG ratio of 1.66.
• Talanx AG provides a wide range of insurance and reinsurance products globally, including life, motor, property, and liability insurance.

Shares of Talanx AG (ETR:TLX - ) fell 0.5% during mid-day trading on Wednesday . The company traded as low as €111.60 ($131.29) and last traded at €111.60 ($131.29). 67,786 shares were traded during trading, a decline of 51% from the average session volume of 138,773 shares. The stock had previously closed at €112.20 ($132.00).

Talanx Price Performance

The stock's fifty day simple moving average is €115.42 and its 200-day simple moving average is €107.66. The company has a market capitalization of $29.33 billion, a P/E ratio of 15.49, a PEG ratio of 1.66 and a beta of 0.82.

Talanx Company Profile

Talanx AG provides insurance and reinsurance products and services worldwide. It offers life, casualty, liability, motor, aviation, legal protection, fire, burglary and theft, water damage, plate glass, windstorm, comprehensive householders, comprehensive home-owners, hail, livestock, engineering, omnium, marine, business interruption, travel assistance, aviation and space liability, financial lines, and other property insurance, as well as coverage for fire and fire loss of profits insurance.

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