Hannover Ruck SE (OTCMKTS:HVRRY) Sees Significant Growth in Short Interest

Hannover Ruck SE (OTCMKTS:HVRRY – Get Free Report) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 1,184 shares, a growth of 6,864.7% from the May 31st total of 17 shares. Based on an average daily volume of 93,383 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Berenberg Bank upgraded Hannover Ruck to a “strong-buy” rating in a report on Tuesday, May 5th. Zacks Research cut Hannover Ruck from a “hold” rating to a “strong sell” rating in a report on Monday. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Get Hannover Ruck alerts:

View Our Latest Stock Analysis on Hannover Ruck

Hannover Ruck Trading Down 0.6%

HVRRY traded down $0.26 during mid-day trading on Thursday, hitting $44.86. The stock had a trading volume of 20,451 shares, compared to its average volume of 24,437. The stock’s fifty day simple moving average is $47.59 and its 200-day simple moving average is $49.00. The firm has a market capitalization of $32.46 billion, a price-to-earnings ratio of 10.61 and a beta of 0.20. Hannover Ruck has a 1-year low of $43.00 and a 1-year high of $55.72. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.07 and a quick ratio of 0.06.

Hannover Ruck (OTCMKTS:HVRRY – Get Free Report) last announced its quarterly earnings results on Monday, May 11th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.18 by ($0.40). Hannover Ruck had a net margin of 9.84% and a return on equity of 19.51%. The firm had revenue of $8.16 billion during the quarter, compared to analyst estimates of $8.54 billion. As a group, research analysts forecast that Hannover Ruck will post 4.46 EPS for the current fiscal year.

About Hannover Ruck

(Get Free Report)

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.

Featured Articles

• Five stocks we like better than Hannover Ruck
• MDA Space Targets US Defense Market With $620M Acquisition
• Carnival’s Second Quarter: Is the Stock Still Complicated?
• Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
• Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal

Receive News & Ratings for Hannover Ruck Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hannover Ruck and related companies with MarketBeat.com's FREE daily email newsletter.