Swiss Re (OTCMKTS:SSREY) Hits New 52-Week High – Time to Buy?

Swiss Re Ltd. (OTCMKTS:SSREY – Get Free Report)’s share price hit a new 52-week high on Thursday. The stock traded as high as $48.66 and last traded at $48.64, with a volume of 1,508 shares. The stock had previously closed at $48.08.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group lowered shares of Swiss Re from a “hold” rating to a “moderate sell” rating in a report on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Reduce”.

Check Out Our Latest Report on Swiss Re

Swiss Re Price Performance

The stock has a fifty day simple moving average of $43.89 and a two-hundred day simple moving average of $41.49.

About Swiss Re

(Get Free Report)

Swiss Re Ltd. is a global reinsurance and commercial insurance company headquartered in Zurich, Switzerland. The company helps insurers, businesses and public-sector organizations manage and transfer risks arising from natural disasters, climate change, health events, liability claims and other exposures.

Swiss Re’s principal activities include Property & Casualty Reinsurance and Life & Health Reinsurance. Through these businesses, it provides insurers with coverage, risk-management expertise and related services across areas such as catastrophe risk, specialty insurance, mortality, longevity and health.

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