Short Interest in Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Expands By 86.7%

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 157,000 shares, an increase of 86.7% from the February 28th total of 84,100 shares. Based on an average daily trading volume, of 370,300 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company's stock are sold short.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Up 0.7 %

MURGY traded up $0.09 during trading on Wednesday, hitting $12.84. The company had a trading volume of 147,799 shares, compared to its average volume of 293,437. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 1-year low of $8.44 and a 1-year high of $12.87. 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 company has a market cap of $85.87 billion, a PE ratio of 8.35, a P/E/G ratio of 1.72 and a beta of 0.98. The business has a 50-day moving average of $11.67 and a 200-day moving average of $10.86.

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). Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a return on equity of 18.94% and a net margin of 8.61%. The company had revenue of $16.34 billion during the quarter, compared to the consensus estimate of $19.10 billion. As a group, analysts forecast that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 earnings per share for the current year.

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Wall Street Analyst Weigh In

MURGY has been the topic of several recent research 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 Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a research report on Thursday, December 19th. Finally, The Goldman Sachs Group downgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a report on Monday, March 24th. Four research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold".

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.