Hannover Rück SE (OTCMKTS:HVRRY - Get Free Report) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 1,700 shares, an increase of 142.9% from the September 30th total of 700 shares. Based on an average daily trading volume, of 6,800 shares, the days-to-cover ratio is presently 0.3 days.
Hannover Rück Stock Performance
Shares of HVRRY traded down $0.56 on Friday, reaching $44.05. The company's stock had a trading volume of 2,086 shares, compared to its average volume of 2,922. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.08 and a quick ratio of 0.08. The stock has a market capitalization of $31.87 billion, a P/E ratio of 15.60 and a beta of 0.74. The stock's 50 day simple moving average is $46.62 and its two-hundred day simple moving average is $43.30. Hannover Rück has a 12-month low of $35.66 and a 12-month high of $48.42.
Hannover Rück (OTCMKTS:HVRRY - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $2.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.65 by $2.04. Hannover Rück had a net margin of 7.43% and a return on equity of 16.85%. The company had revenue of $6.72 billion for the quarter. Research analysts forecast that Hannover Rück will post 3.35 earnings per share for the current fiscal year.
About Hannover Rück
(
Get Free Report)
Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.
Further Reading
Before you consider Hannover Rück, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hannover Rück wasn't on the list.
While Hannover Rück currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
