Hannover Ruck (OTCMKTS:HVRRY) Sees Unusually-High Trading Volume – Should You Buy?

Hannover Ruck SE (OTCMKTS:HVRRY) shares saw an uptick in trading volume on Tuesday . 50,728 shares changed hands during mid-day trading, an increase of 122% from the previous session’s volume of 22,833 shares.The stock last traded at $43.7550 and had previously closed at $43.17.

Analysts Set New Price Targets

Separately, Berenberg Bank raised shares of Hannover Ruck to a “strong-buy” rating in a research note on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Hannover Ruck has a consensus rating of “Buy”.

Hannover Ruck Trading Up 1.0%

The firm has a market capitalization of $32.29 billion, a P/E ratio of 10.55 and a beta of 0.20. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.06 and a current ratio of 0.06. The firm has a 50 day moving average price of $49.26 and a two-hundred day moving average price of $49.36.

Hannover Ruck (OTCMKTS:HVRRY) last released its quarterly earnings data on Monday, May 11th. The financial services provider reported $0.78 earnings per share for the quarter, missing the consensus estimate of $1.18 by ($0.40). Hannover Ruck had a return on equity of 20.27% and a net margin of 9.84%.The company had revenue of $8.16 billion for the quarter, compared to the consensus estimate of $8.54 billion. On average, equities research analysts expect that Hannover Ruck SE will post 4.67 EPS for the current fiscal year.

About Hannover Ruck

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.