Hannover Rück (OTCMKTS:HVRRY) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Shares of Hannover Rück SE (OTCMKTS:HVRRY) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $43.73 and traded as high as $44.04. Hannover Rück shares last traded at $43.75, with a volume of 2,330 shares traded.

Wall Street Analyst Weigh In

Separately, Barclays raised shares of Hannover Rück to a “strong sell” rating in a research report on Tuesday, January 28th.

Hannover Rück Stock Performance

The company has a debt-to-equity ratio of 0.39, a current ratio of 0.10 and a quick ratio of 0.10. The stock’s 50-day simple moving average is $43.73 and its 200 day simple moving average is $44.37. The stock has a market capitalization of $31.66 billion, a P/E ratio of 12.94 and a beta of 0.73.

Hannover Rück Company Profile

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.