Talanx (ETR:TLX) Stock Jumps 1.1% – Here’s Why

Talanx AG (ETR:TLX – Get Free Report) shot up 1.1% on Monday. The company traded as high as €129.10 and last traded at €128.40. Approximately 97,262 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 138,773 shares. The stock had previously closed at €127.00.

Talanx Stock Performance

The stock has a fifty day simple moving average of €122.93 and a 200-day simple moving average of €112.59. The stock has a market cap of $34.04 billion, a P/E ratio of 13.20, a PEG ratio of 1.66 and a beta of 0.35.

About Talanx

(Get Free Report)

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.

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