Short Interest in M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Drops By 48.4%

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 102,395 shares, a drop of 48.4% from the April 15th total of 198,536 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 721,997 shares, the short-interest ratio is currently 0.1 days.

M�nchener R�ckversicherungs-Gesellschaft Price Performance

OTCMKTS:MURGY traded up $0.11 during trading hours on Friday, hitting $10.92. The stock had a trading volume of 1,991,978 shares, compared to its average volume of 606,636. The company has a 50 day simple moving average of $12.41 and a two-hundred day simple moving average of $12.53. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.14 and a quick ratio of 1.14. M�nchener R�ckversicherungs-Gesellschaft has a one year low of $10.73 and a one year high of $14.41. The firm has a market capitalization of $69.87 billion, a price-to-earnings ratio of 4.44, a P/E/G ratio of 0.42 and a beta of 0.46.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last announced its quarterly earnings results on Tuesday, May 12th. The financial services provider reported $1.57 EPS for the quarter, beating the consensus estimate of $0.32 by $1.25. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 11.28% and a return on equity of 21.44%. The firm had revenue of $22.07 billion during the quarter, compared to the consensus estimate of $19.86 billion. Research analysts forecast that M�nchener R�ckversicherungs-Gesellschaft will post 4.37 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on MURGY. Zacks Research raised shares of M�nchener R�ckversicherungs-Gesellschaft from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Kepler Capital Markets began coverage on shares of M�nchener R�ckversicherungs-Gesellschaft in a report on Friday, January 16th. They issued a “buy” rating for the company. Finally, Erste Group Bank downgraded shares of M�nchener R�ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

About M�nchener R�ckversicherungs-Gesellschaft

Münchener Rückversicherungs-Gesellschaft (OTCMKTS:MURGY), commonly known as Munich Re, is a global reinsurance company headquartered in Munich, Germany. The firm’s core business is providing reinsurance solutions to primary insurers, covering property–casualty and life & health risks. Munich Re also offers specialty reinsurance products for complex or large-scale exposures and develops tailored risk-transfer solutions for clients facing catastrophic, industrial, or longevity risks.

In addition to its reinsurance operations, Munich Re conducts primary insurance activities through its ERGO Group subsidiary, which markets life, health, property & casualty, and legal protection insurance to retail and corporate customers.