Swiss Re AG (OTCMKTS:SSREY - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $40.67 and traded as low as $38.53. Swiss Re shares last traded at $41.50, with a volume of 48,126 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Hsbc Global Res downgraded Swiss Re from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 22nd. Three equities research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy".
Check Out Our Latest Stock Analysis on SSREY
Swiss Re Stock Performance
The business has a fifty day moving average of $40.94 and a 200 day moving average of $37.45.
Swiss Re Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, April 24th. Shareholders of record on Wednesday, April 16th will be issued a $1.1544 dividend. The ex-dividend date is Wednesday, April 16th. This is a boost from Swiss Re's previous dividend of $1.00.
About Swiss Re
(
Get Free Report)
Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.
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