Hannover Rück (OTCMKTS:HVRRY) Reaches New 1-Year High – Time to Buy?

Hannover Rück SE (OTCMKTS:HVRRY) shares reached a new 52-week high on Friday . The company traded as high as $48.51 and last traded at $48.51, with a volume of 12108 shares trading hands. The stock had previously closed at $47.74.

Wall Street Analyst Weigh In

Separately, Barclays upgraded Hannover Rück to a “strong sell” rating in a research note on Tuesday, January 28th.

Hannover Rück Price Performance

The firm has a 50-day moving average of $44.02 and a 200-day moving average of $44.73. The stock has a market cap of $35.10 billion, a PE ratio of 14.35 and a beta of 0.72. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.10 and a quick ratio of 0.10.

About Hannover Rück

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.