Talanx (ETR:TLX) Shares Up 6.1% – Still a Buy?

Talanx AG (ETR:TLX) shot up 6.1% during mid-day trading on Friday . The company traded as high as €111.30 ($123.67) and last traded at €111.30 ($123.67). 223,965 shares traded hands during mid-day trading, an increase of 61% from the average session volume of 138,773 shares. The stock had previously closed at €104.90 ($116.56).

Talanx Price Performance

The stock has a market cap of $28.91 billion, a PE ratio of 15.26, a price-to-earnings-growth ratio of 1.66 and a beta of 0.82. The business has a fifty day moving average of €97.09 and a 200-day moving average of €87.17.

Talanx Company Profile

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.