Hannover Rück (OTCMKTS:HVRRY) Sets New 12-Month High – Should You Buy?

Shares of Hannover Rück SE (OTCMKTS:HVRRY) reached a new 52-week high on Wednesday . The company traded as high as $50.50 and last traded at $50.47, with a volume of 21982 shares. The stock had previously closed at $50.16.

Wall Street Analysts Forecast Growth

HVRRY has been the topic of several recent research reports. Barclays upgraded Hannover Rück to a “strong sell” rating in a report on Tuesday, January 28th. The Goldman Sachs Group upgraded Hannover Rück to a “strong-buy” rating in a report on Monday, March 24th.

Hannover Rück Trading Up 0.6 %

The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $36.52 billion, a P/E ratio of 14.93 and a beta of 0.72. The firm’s 50-day moving average price is $46.31 and its 200 day moving average price is $45.00.

Hannover Rück Company Profile

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.