Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Sees Large Decline in Short Interest

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totalling 47,500 shares, a decline of 16.7% from the November 30th total of 57,000 shares. Based on an average daily volume of 302,500 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

Several brokerages have recently weighed in on MURGY. UBS Group lowered Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a report on Thursday, December 19th. Jefferies Financial Group cut shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "buy" rating to a "hold" rating in a research report on Monday, October 21st. Finally, Berenberg Bank lowered shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a research report on Friday, October 25th.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Down 2.0 %

Shares of MURGY traded down $0.21 during trading hours on Friday, reaching $10.27. The company's stock had a trading volume of 385,698 shares, compared to its average volume of 277,842. The company has a 50 day moving average of $10.32 and a two-hundred day moving average of $10.29. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.20. The firm has a market cap of $68.69 billion, a price-to-earnings ratio of 6.67, a P/E/G ratio of 1.94 and a beta of 1.02. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 1-year low of $8.18 and a 1-year high of $11.14.

About Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

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.