Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Short Interest Update

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 157,000 shares, a growth of 86.7% from the February 28th total of 84,100 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 370,300 shares, the short-interest ratio is currently 0.4 days.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Price Performance

Shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München stock traded up $0.07 on Friday, hitting $12.78. The company’s stock had a trading volume of 179,582 shares, compared to its average volume of 299,369. The company has a market capitalization of $85.47 billion, a price-to-earnings ratio of 8.31, a price-to-earnings-growth ratio of 1.72 and a beta of 0.98. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 1 year low of $8.44 and a 1 year high of $12.80. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.12 and a current ratio of 1.12. The firm has a fifty day moving average price of $11.54 and a 200-day moving average price of $10.82.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) last announced its earnings results on Wednesday, February 26th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The business had revenue of $16.34 billion for the quarter, compared to analysts’ expectations of $19.10 billion. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a net margin of 8.61% and a return on equity of 18.94%. As a group, sell-side analysts anticipate that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on MURGY shares. The Goldman Sachs Group downgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 24th. Barclays raised shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a research note on Tuesday, January 28th. Finally, UBS Group cut shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 19th. Four investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

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.