M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Issues Earnings Results, Beats Estimates By $0.02 EPS

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) posted its quarterly earnings data on Tuesday. The financial services provider reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.02, Zacks reports. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 8.37% and a return on equity of 15.88%. The firm had revenue of $20.21 billion for the quarter, compared to analysts’ expectations of $19.35 billion.

M�nchener R�ckversicherungs-Gesellschaft Stock Up 0.4%

Shares of M�nchener R�ckversicherungs-Gesellschaft stock traded up $0.06 during midday trading on Wednesday, hitting $12.69. The company’s stock had a trading volume of 448,744 shares, compared to its average volume of 372,780. M�nchener R�ckversicherungs-Gesellschaft has a 1-year low of $9.72 and a 1-year high of $14.41. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $82.86 billion, a P/E ratio of 5.85, a PEG ratio of 2.05 and a beta of 0.62. The stock has a 50-day simple moving average of $12.65 and a 200-day simple moving average of $12.96.

M�nchener R�ckversicherungs-Gesellschaft Company Profile

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.