Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Shares Cross Below 50-Day Moving Average – Time to Sell?

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $11.82 and traded as low as $11.61. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München shares last traded at $12.23, with a volume of 562,518 shares traded.

Analyst Ratings Changes

A number of equities analysts have commented on MURGY shares. 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. Barclays upgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a research report on Tuesday, January 28th. Finally, The Goldman Sachs Group lowered Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 24th. Four equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Trading Up 4.8 %

The stock has a market capitalization of $81.79 billion, a P/E ratio of 7.95, a price-to-earnings-growth ratio of 1.72 and a beta of 0.79. The stock has a 50-day moving average price of $11.82 and a two-hundred day moving average price of $10.92. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.12 and a current ratio of 1.12.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) last released its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.01). Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a net margin of 8.61% and a return on equity of 18.94%. The firm had revenue of $16.34 billion for the quarter, compared to the consensus estimate of $19.10 billion. On average, research analysts forecast that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 EPS for the current fiscal year.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile

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.