Swiss Re (OTCMKTS:SSREY) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Swiss Re Ltd. (OTCMKTS:SSREYGet Free Report)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $39.94 and traded as low as $36.51. Swiss Re shares last traded at $36.98, with a volume of 158,270 shares.

Analyst Upgrades and Downgrades

SSREY has been the topic of several recent analyst reports. UBS Group lowered shares of Swiss Re from a “neutral” rating to a “sell” rating in a research note on Thursday, May 21st. Citigroup restated a “neutral” rating on shares of Swiss Re in a research note on Friday, May 8th. Finally, Morgan Stanley restated an “underweight” rating on shares of Swiss Re in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce”.

Get Our Latest Stock Report on SSREY

Swiss Re Trading Up 0.4%

The company has a debt-to-equity ratio of 0.32, a quick ratio of 39.12 and a current ratio of 39.12. The firm’s 50 day moving average price is $39.94 and its two-hundred day moving average price is $40.79.

Swiss Re Company Profile

(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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