Talanx (ETR:TLX) Trading Up 1.4% - Should You Buy?

Key Points

• Shares of Talanx AG increased by 1.4% and last traded at €113.80 ($132.33) with a market capitalization of $29.91 billion.
• The stock's P/E ratio is 15.79, indicating relatively moderate valuation compared to its earnings.
• Talanx provides a wide variety of insurance and reinsurance products, including life, casualty, and property insurance, catering to global markets.

Shares of Talanx AG (ETR:TLX - ) were up 1.4% during mid-day trading on Wednesday . The company traded as high as €113.80 ($132.33) and last traded at €113.80 ($132.33). Approximately 100,448 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 138,773 shares. The stock had previously closed at €112.20 ($130.47).

Talanx Stock Performance

The stock's fifty day moving average price is €114.96 and its 200-day moving average price is €109.48. The company has a market capitalization of $29.91 billion, a P/E ratio of 15.79, a PEG ratio of 1.66 and a beta of 0.82.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.