Swiss Re Ltd. (OTCMKTS:SSREY – Get Free Report) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 3,633 shares, a decline of 91.1% from the April 15th total of 41,049 shares. Based on an average trading volume of 70,340 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.
Swiss Re Stock Down 0.1%
OTCMKTS SSREY traded down $0.02 on Monday, reaching $39.80. 56,694 shares of the stock traded hands, compared to its average volume of 34,297. Swiss Re has a 12 month low of $38.63 and a 12 month high of $48.62. The firm’s fifty day simple moving average is $41.44 and its 200 day simple moving average is $42.03. The company has a debt-to-equity ratio of 0.32, a quick ratio of 39.12 and a current ratio of 39.12.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on SSREY. Morgan Stanley reissued an “underweight” rating on shares of Swiss Re in a research note on Friday. Citigroup reaffirmed a “neutral” rating on shares of Swiss Re in a report on Friday. Finally, The Goldman Sachs Group lowered shares of Swiss Re from a “hold” rating to a “sell” rating in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Swiss Re has a consensus rating of “Reduce”.
Swiss Re Company Profile
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.
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