Swiss Re (OTCMKTS:SSREY) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Swiss Re Ltd. (OTCMKTS:SSREYGet Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $39.29 and traded as high as $41.53. Swiss Re shares last traded at $41.4650, with a volume of 16,894 shares changing hands.

Analyst Upgrades and Downgrades

SSREY has been the subject of several analyst reports. Morgan Stanley reaffirmed an “underweight” rating on shares of Swiss Re in a research 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 restated a “neutral” rating on shares of Swiss Re in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

Check Out Our Latest Report on SSREY

Swiss Re Price Performance

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 company has a 50 day moving average price of $39.29 and a 200 day moving average price of $40.36.

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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