Talanx (ETR:TLX) Trading Up 0.8% – Here’s Why

Talanx AG (ETR:TLX)’s stock price rose 0.8% on Wednesday . The stock traded as high as €107.50 and last traded at €106.20. Approximately 101,802 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 138,773 shares. The stock had previously closed at €105.40.

Talanx Trading Up 0.8%

The firm has a market cap of $27.91 billion, a price-to-earnings ratio of 14.74, a P/E/G ratio of 1.66 and a beta of 0.82. The stock’s fifty day moving average price is €109.84 and its 200-day moving average price is €111.50.

About Talanx

Talanx AG provides insurance and reinsurance products and services worldwide. It offers life, casualty, liability, motor, aviation, legal protection, fire, burglary and theft, water damage, plate glass, windstorm, comprehensive householders, comprehensive home-owners, hail, livestock, engineering, omnium, marine, business interruption, travel assistance, aviation and space liability, financial lines, and other property insurance, as well as coverage for fire and fire loss of profits insurance. The company also provides bancassurance products; unit-linked life insurance, annuity and risk insurance, and long term and occupational disability insurance products; and personal accident insurance.