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

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 61,000 shares, a decrease of 18.2% from the December 31st total of 74,600 shares. Based on an average daily trading volume, of 1,073,800 shares, the short-interest ratio is presently 0.1 days.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Price Performance

OTCMKTS:MURGY traded down $0.17 during trading hours on Monday, hitting $10.81. The company’s stock had a trading volume of 361,695 shares, compared to its average volume of 341,369. The company has a market capitalization of $72.30 billion, a PE ratio of 7.03, a PEG ratio of 1.71 and a beta of 1.03. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 52-week low of $8.40 and a 52-week high of $11.20. The business’s 50-day moving average is $10.47 and its two-hundred day moving average is $10.38. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.12 and a current ratio of 1.12.

Analyst Ratings Changes

Several equities research analysts recently issued reports on MURGY shares. UBS Group cut 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. Jefferies Financial Group cut shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “buy” rating to a “hold” rating in a research report on Monday, October 21st. Barclays upgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a report on Tuesday, January 28th. Finally, Berenberg Bank cut 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 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.