M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Sees Significant Increase in Short Interest

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 33,412 shares, an increase of 351.1% from the May 14th total of 7,407 shares. Based on an average daily trading volume, of 2,101,357 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

M�nchener R�ckversicherungs-Gesellschaft Trading Down 1.3%

Shares of MURGY stock traded down $0.14 during trading on Friday, hitting $10.56. 574,946 shares of the stock traded hands, compared to its average volume of 1,091,479. The firm has a market capitalization of $65.62 billion, a P/E ratio of 4.29, a price-to-earnings-growth ratio of 1.58 and a beta of 0.40. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.14 and a quick ratio of 1.14. The firm’s fifty day moving average price is $11.76 and its 200-day moving average price is $12.27. M�nchener R�ckversicherungs-Gesellschaft has a 52-week low of $10.09 and a 52-week high of $14.41.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last released its quarterly earnings results on Tuesday, May 12th. The financial services provider reported $1.57 EPS for the quarter, beating the consensus estimate of $0.32 by $1.25. The firm had revenue of $22.07 billion for the quarter, compared to analyst estimates of $19.86 billion. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 11.28% and a return on equity of 21.44%. As a group, research analysts forecast that M�nchener R�ckversicherungs-Gesellschaft will post 1.16 earnings per share for the current fiscal year.

Analyst Ratings Changes

MURGY has been the topic of several recent research reports. Zacks Research cut M�nchener R�ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 19th. Erste Group Bank cut M�nchener R�ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.

About M�nchener R�ckversicherungs-Gesellschaft

Münchener Rückversicherungs-Gesellschaft (OTCMKTS:MURGY), commonly known as Munich Re, is a global reinsurance company headquartered in Munich, Germany. The firm’s core business is providing reinsurance solutions to primary insurers, covering property–casualty and life & health risks. Munich Re also offers specialty reinsurance products for complex or large-scale exposures and develops tailored risk-transfer solutions for clients facing catastrophic, industrial, or longevity risks.

In addition to its reinsurance operations, Munich Re conducts primary insurance activities through its ERGO Group subsidiary, which markets life, health, property & casualty, and legal protection insurance to retail and corporate customers.