Hannover Ruck (OTCMKTS:HVRRY) Shares Gap Up – What’s Next?

Hannover Ruck SE (OTCMKTS:HVRRYGet Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $49.72, but opened at $51.47. Hannover Ruck shares last traded at $49.45, with a volume of 4,950 shares changing hands.

Hannover Ruck Price Performance

The company has a debt-to-equity ratio of 0.33, a current ratio of 0.14 and a quick ratio of 0.14. The firm has a market cap of $35.63 billion, a price-to-earnings ratio of 11.87 and a beta of 0.32. The business’s 50-day moving average price is $48.70 and its two-hundred day moving average price is $49.36.

Hannover Ruck (OTCMKTS:HVRRYGet Free Report) last posted its quarterly earnings results on Thursday, March 12th. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.06. Hannover Ruck had a net margin of 9.92% and a return on equity of 20.87%. The firm had revenue of $10.39 billion for the quarter, compared to analysts’ expectations of $7.99 billion. On average, research analysts forecast that Hannover Ruck SE will post 3.42 EPS for the current fiscal year.

About Hannover Ruck

(Get Free Report)

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.

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