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Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Stock Passes Above 50 Day Moving Average - Here's What Happened

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München logo with Finance background

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $10.40 and traded as high as $10.99. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München shares last traded at $10.92, with a volume of 226,164 shares trading hands.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on MURGY shares. Berenberg Bank cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a research note on Friday, October 25th. Jefferies Financial Group downgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "buy" rating to a "hold" rating in a research report on Monday, October 21st.

Check Out Our Latest Report on Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Down 1.7 %

The stock has a market cap of $71.76 billion, a price-to-earnings ratio of 13.06, a price-to-earnings-growth ratio of 1.88 and a beta of 1.02. 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 firm's 50-day moving average is $10.40 and its 200 day moving average is $10.26.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile

(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.

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