Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Issues Earnings Results

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) issued its earnings results on Wednesday. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01), Zacks reports. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a return on equity of 18.94% and a net margin of 8.61%. The company had revenue of $16.34 billion during the quarter, compared to analyst estimates of $19.10 billion.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Trading Down 1.6 %

Shares of OTCMKTS:MURGY opened at $11.32 on Friday. The company’s 50-day moving average price is $10.64 and its two-hundred day moving average price is $10.54. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a one year low of $8.44 and a one year high of $11.64. The stock has a market capitalization of $75.71 billion, a PE ratio of 7.36, a price-to-earnings-growth ratio of 1.72 and a beta of 1.03. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.12 and a quick ratio of 1.12.

Analyst Upgrades and Downgrades

MURGY has been the subject of several recent analyst reports. UBS Group lowered shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 19th. Barclays raised Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a report on Tuesday, January 28th.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.