Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Short Interest Update

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 84,100 shares, a decrease of 15.6% from the February 13th total of 99,700 shares. Based on an average daily trading volume, of 384,100 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Performance

Shares of MURGY stock opened at $12.78 on Tuesday. The company has a market capitalization of $85.47 billion, a P/E ratio of 8.31, a P/E/G ratio of 1.72 and a beta of 0.98. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 12-month low of $8.44 and a 12-month high of $12.79. The business’s 50 day moving average is $11.10 and its two-hundred day moving average is $10.70. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.20.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) last posted its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The firm had revenue of $16.34 billion during the quarter, compared to analyst estimates of $19.10 billion. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a return on equity of 18.94% and a net margin of 8.61%. Analysts expect that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on MURGY. UBS Group cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 19th. Barclays upgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a research report on Tuesday, January 28th.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.