Swiss Re (OTCMKTS:SSREF) Trading 2.2% Higher – Still a Buy?

Swiss Re AG (OTCMKTS:SSREFGet Free Report) shares shot up 2.2% during trading on Thursday . The stock traded as high as $165.38 and last traded at $165.38. Approximately 2,117 shares were traded during mid-day trading, an increase of 303% from the average daily volume of 525 shares. The stock had previously closed at $161.77.

Swiss Re Trading Up 2.2%

The stock’s 50-day simple moving average is $154.46 and its two-hundred day simple moving average is $160.82.

Swiss Re Company Profile

(Get Free Report)

Swiss Re Ltd. is a leading global reinsurance company headquartered in Zurich, Switzerland. The firm specializes in providing insurance-based risk transfer solutions, helping insurance companies, corporations and public sector clients manage exposure to natural catastrophes, life and health risks, and other large-scale perils. Through tailored reinsurance contracts, Swiss Re supports cedents by offering capital relief, underwriting expertise and loss mitigation services across a broad spectrum of coverages.

The company’s core operations are organized into three main segments: Property & Casualty Reinsurance, Life & Health Reinsurance and Corporate Solutions.

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