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) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 46,300 shares, a decline of 24.1% from the January 15th total of 61,000 shares. Based on an average trading volume of 677,600 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. UBS Group cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a research report on Thursday, December 19th. Jefferies Financial Group cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "buy" rating to a "hold" rating in a report on Monday, October 21st. Berenberg Bank cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a report on Friday, October 25th. Finally, Barclays raised Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "strong-buy" rating in a report on Tuesday, January 28th.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Performance

Shares of MURGY stock traded up $0.32 on Tuesday, hitting $11.25. The company had a trading volume of 115,656 shares, compared to its average volume of 372,657. The firm has a market cap of $75.24 billion, a P/E ratio of 7.31, a price-to-earnings-growth ratio of 1.73 and a beta of 1.03. The company has a 50-day moving average price of $10.55 and a 200-day moving average price of $10.47. 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 twelve month low of $8.44 and a twelve month high of $11.28.

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.