Hannover Rück (OTCMKTS:HVRRY) Sets New 52-Week High – Should You Buy?

Hannover Rück SE (OTCMKTS:HVRRY)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $50.50 and last traded at $50.47, with a volume of 21982 shares. The stock had previously closed at $50.16.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. The Goldman Sachs Group upgraded shares of Hannover Rück to a “strong-buy” rating in a research note on Monday, March 24th. Barclays upgraded shares of Hannover Rück to a “strong sell” rating in a research note on Tuesday, January 28th.

Hannover Rück Price Performance

The firm has a 50-day moving average of $46.53 and a 200-day moving average of $45.08. The stock has a market cap of $34.82 billion, a PE ratio of 14.24 and a beta of 0.52. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.10 and a quick ratio of 0.10.

About Hannover Rück

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.