Hannover Rück (OTCMKTS:HVRRY) Shares Cross Below 200-Day Moving Average – What’s Next?

Hannover Rück SE (OTCMKTS:HVRRY)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $44.37 and traded as low as $43.75. Hannover Rück shares last traded at $43.75, with a volume of 2,330 shares trading hands.

Wall Street Analyst Weigh In

Separately, Barclays upgraded Hannover Rück to a “strong sell” rating in a research note on Tuesday, January 28th.

Hannover Rück Stock Performance

The firm has a fifty day simple moving average of $43.73 and a 200-day simple moving average of $44.37. The company has a market cap of $31.66 billion, a PE ratio of 12.94 and a beta of 0.73. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.39.

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.