M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Issues Quarterly Earnings Results

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) announced its earnings results on Tuesday. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.02, Zacks reports. The company had revenue of $20.21 billion for the quarter, compared to analysts’ expectations of $19.35 billion. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 8.37% and a return on equity of 15.88%.

M�nchener R�ckversicherungs-Gesellschaft Price Performance

Shares of M�nchener R�ckversicherungs-Gesellschaft stock traded up $0.12 on Wednesday, hitting $12.75. 15,570 shares of the company were exchanged, compared to its average volume of 371,451. M�nchener R�ckversicherungs-Gesellschaft has a 1-year low of $9.72 and a 1-year high of $14.41. The stock has a market capitalization of $83.30 billion, a price-to-earnings ratio of 5.88, a price-to-earnings-growth ratio of 2.05 and a beta of 0.62. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.20. The company has a 50-day moving average price of $12.65 and a 200 day moving average price of $12.96.

About M�nchener R�ckversicherungs-Gesellschaft

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.