Swiss Re (OTCMKTS:SSREY) Sees Large Volume Increase – Time to Buy?

Shares of Swiss Re Ltd. (OTCMKTS:SSREY) saw unusually-strong trading volume on Wednesday . Approximately 72,524 shares traded hands during trading, an increase of 28% from the previous session’s volume of 56,587 shares.The stock last traded at $41.08 and had previously closed at $40.99.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on SSREY shares. UBS Group cut Swiss Re from a “neutral” rating to a “sell” rating in a research note on Thursday, May 21st. Morgan Stanley reiterated an “underweight” rating on shares of Swiss Re in a report on Friday, May 8th. Finally, Citigroup reissued a “neutral” rating on shares of Swiss Re in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Swiss Re Price Performance

The company’s 50-day moving average price is $38.75 and its 200 day moving average price is $40.37. The company has a debt-to-equity ratio of 0.32, a current ratio of 39.12 and a quick ratio of 39.12.

About Swiss Re

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.