Talanx (ETR:TLX) Stock Price Down 2.7% - Should You Sell?

Key Points

• Talanx AG's stock price fell by 2.7% during trading, closing at €113.00 ($131.40) after previously closing at €116.10 ($135.00).
• The company has a market capitalization of $29.70 billion and a PE ratio of 15.68, indicating its valuation compared to earnings.
• Trading volume was significantly lower, with 103,807 shares changing hands, a decline of 25% from the average session volume.

Talanx AG (ETR:TLX - ) traded down 2.7% during trading on Wednesday . The company traded as low as €112.50 ($130.81) and last traded at €113.00 ($131.40). 103,807 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 138,773 shares. The stock had previously closed at €116.10 ($135.00).

Talanx Trading Down 2.7%

The firm has a market capitalization of $29.70 billion, a PE ratio of 15.68, a price-to-earnings-growth ratio of 1.66 and a beta of 0.82. The business has a 50-day moving average of €114.99 and a 200 day moving average of €105.15.

About Talanx

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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