M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY – Get Free Report) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 102,395 shares, a decline of 48.4% from the April 15th total of 198,536 shares. Based on an average daily trading volume, of 721,997 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.
M�nchener R�ckversicherungs-Gesellschaft Price Performance
OTCMKTS MURGY traded up $0.11 during trading hours on Friday, reaching $10.92. The company’s stock had a trading volume of 1,991,978 shares, compared to its average volume of 606,636. The firm’s 50-day moving average price is $12.41 and its 200-day moving average price is $12.53. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.22. M�nchener R�ckversicherungs-Gesellschaft has a 1 year low of $10.73 and a 1 year high of $14.41. The company has a market capitalization of $69.87 billion, a price-to-earnings ratio of 4.44, a PEG ratio of 0.43 and a beta of 0.46.
M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY – Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The financial services provider reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $1.25. M�nchener R�ckversicherungs-Gesellschaft had a return on equity of 21.44% and a net margin of 11.28%.The company had revenue of $22.07 billion for the quarter, compared to analysts’ expectations of $19.86 billion. On average, equities research analysts predict that M�nchener R�ckversicherungs-Gesellschaft will post 4.37 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Get Our Latest Analysis on M�nchener R�ckversicherungs-Gesellschaft
M�nchener R�ckversicherungs-Gesellschaft Company Profile
Münchener Rückversicherungs-Gesellschaft (OTCMKTS:MURGY), commonly known as Munich Re, is a global reinsurance company headquartered in Munich, Germany. The firm’s core business is providing reinsurance solutions to primary insurers, covering property–casualty and life & health risks. Munich Re also offers specialty reinsurance products for complex or large-scale exposures and develops tailored risk-transfer solutions for clients facing catastrophic, industrial, or longevity risks.
In addition to its reinsurance operations, Munich Re conducts primary insurance activities through its ERGO Group subsidiary, which markets life, health, property & casualty, and legal protection insurance to retail and corporate customers.
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