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

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 99,700 shares, an increase of 115.3% from the January 31st total of 46,300 shares. Based on an average trading volume of 329,500 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on MURGY shares. Barclays raised Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a research report on Tuesday, January 28th. UBS Group downgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 19th.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Down 1.6 %

Shares of OTCMKTS MURGY traded down $0.18 during trading hours on Friday, hitting $11.32. The company had a trading volume of 207,473 shares, compared to its average volume of 338,128. The stock has a market capitalization of $75.71 billion, a P/E ratio of 7.36, a price-to-earnings-growth ratio of 1.72 and a beta of 1.03. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.20. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 1-year low of $8.44 and a 1-year high of $11.64. The firm’s 50 day moving average is $10.65 and its 200-day moving average is $10.56.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) last released its quarterly earnings data on Wednesday, February 26th. The financial services provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.01). The company had revenue of $16.34 billion during the quarter, compared to analyst estimates of $19.10 billion. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a net margin of 8.61% and a return on equity of 18.94%. On average, analysts expect that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 earnings per share for the current fiscal year.

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.