Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Short Interest Update

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 157,000 shares, an increase of 86.7% from the February 28th total of 84,100 shares. Based on an average daily volume of 370,300 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

MURGY has been the topic of a number of research reports. The Goldman Sachs Group lowered shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 24th. Barclays upgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a report on Tuesday, January 28th. Finally, UBS Group cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 19th. Four analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Up 0.6 %

Shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München stock opened at $12.78 on Friday. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 1 year low of $8.44 and a 1 year high of $12.80. The firm has a market cap of $85.47 billion, a price-to-earnings ratio of 8.31, a PEG ratio of 1.72 and a beta of 0.98. The company has a 50-day moving average of $11.54 and a 200 day moving average of $10.82. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.12 and a quick ratio of 1.12.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) last announced its earnings results on Wednesday, February 26th. The financial services provider reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The business had revenue of $16.34 billion for the quarter, compared to the consensus estimate of $19.10 billion. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a net margin of 8.61% and a return on equity of 18.94%. As a group, sell-side analysts anticipate that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 earnings per share for the current fiscal year.

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.