Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Sets New 12-Month High – Here’s What Happened

Shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) reached a new 52-week high during trading on Monday . The company traded as high as $11.20 and last traded at $11.16, with a volume of 201519 shares. The stock had previously closed at $10.98.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on MURGY shares. Jefferies Financial Group downgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “buy” rating to a “hold” rating in a research report on Monday, October 21st. UBS Group lowered shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 19th. Finally, Berenberg Bank downgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Trading Down 0.7 %

The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.20. The company has a market cap of $73.63 billion, a price-to-earnings ratio of 7.16, a P/E/G ratio of 1.73 and a beta of 1.02. The business has a fifty day simple moving average of $10.41 and a 200 day simple moving average of $10.36.

About Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

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.