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Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Hits New 12-Month High - What's Next?

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München logo with Finance background

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $12.87 and last traded at $12.75, with a volume of 173436 shares traded. The stock had previously closed at $12.65.

Analyst Ratings Changes

MURGY has been the topic of a number of recent analyst reports. Barclays raised Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "strong-buy" rating in a research report on Tuesday, January 28th. UBS Group lowered shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a research note on Thursday, December 19th. Finally, The Goldman Sachs Group downgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 24th. Four analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold".

Get Our Latest Report on MURGY

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Down 6.5 %

The firm has a market cap of $81.26 billion, a PE ratio of 7.90, a P/E/G ratio of 1.72 and a beta of 0.98. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.12 and a quick ratio of 1.12. The business has a fifty day moving average price of $11.73 and a two-hundred day moving average price of $10.89.

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

About Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

(Get Free Report)

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.

Further Reading

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