Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Short Interest Down 15.6% in February

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 84,100 shares, a decline of 15.6% from the February 13th total of 99,700 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 384,100 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analyst Weigh In

A number of analysts have issued reports on MURGY shares. Barclays raised shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a report on Tuesday, January 28th. UBS Group downgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 19th.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Trading Down 0.7 %

Shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München stock opened at $12.68 on Thursday. The firm’s 50-day moving average price is $11.19 and its two-hundred day moving average price is $10.73. The company has a market capitalization of $84.80 billion, a price-to-earnings ratio of 8.24, a PEG ratio of 1.72 and a beta of 0.98. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.20. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 12-month low of $8.44 and a 12-month high of $12.80.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) last issued its earnings results on Wednesday, February 26th. The financial services provider reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a net margin of 8.61% and a return on equity of 18.94%. The business had revenue of $16.34 billion during the quarter, compared to analyst estimates of $19.10 billion. On average, analysts forecast that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 earnings per share for the current fiscal year.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.