Swiss Re (OTCMKTS:SSREY) Reaches New 1-Year Low – What’s Next?

Swiss Re Ltd. (OTCMKTS:SSREYGet Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as $37.73 and last traded at $37.80, with a volume of 80127 shares trading hands. The stock had previously closed at $38.07.

Analyst Ratings Changes

A number of research analysts have commented on the company. Morgan Stanley reaffirmed an “underweight” rating on shares of Swiss Re in a report on Friday, May 8th. UBS Group downgraded Swiss Re from a “neutral” rating to a “sell” rating in a report on Thursday, May 21st. Finally, Citigroup reaffirmed a “neutral” rating on shares of Swiss Re in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Swiss Re presently has an average rating of “Reduce”.

Read Our Latest Analysis on Swiss Re

Swiss Re Stock Performance

The company has a debt-to-equity ratio of 0.32, a current ratio of 39.12 and a quick ratio of 39.12. The firm has a 50-day moving average of $40.51 and a 200 day moving average of $41.28.

About Swiss Re

(Get Free Report)

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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