Swiss Re (OTCMKTS:SSREY) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Swiss Re Ltd. (OTCMKTS:SSREY) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $39.94 and traded as low as $36.51. Swiss Re shares last traded at $36.98, with a volume of 158,270 shares trading hands.

Analysts Set New Price Targets

SSREY has been the topic of several research reports. Citigroup reaffirmed a “neutral” rating on shares of Swiss Re in a research report on Friday, May 8th. UBS Group lowered shares of Swiss Re from a “neutral” rating to a “sell” rating in a research note on Thursday, May 21st. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Swiss Re in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Swiss Re Trading Up 0.4%

The company has a debt-to-equity ratio of 0.32, a current ratio of 39.12 and a quick ratio of 39.12. The firm’s 50 day simple moving average is $39.94 and its 200-day simple moving average is $40.79.

About Swiss Re

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.