Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Hits New 1-Year High – Should You Buy?

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $12.79 and last traded at $12.78, with a volume of 204077 shares trading hands. The stock had previously closed at $12.65.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on MURGY. UBS Group cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 19th. Barclays upgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a report on Tuesday, January 28th.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Down 0.1 %

The stock has a 50 day simple moving average of $11.15 and a 200 day simple moving average of $10.72. 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 stock has a market cap of $85.41 billion, a price-to-earnings ratio of 8.30, a PEG ratio of 1.72 and a beta of 0.98.

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 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The business had revenue of $16.34 billion during the quarter, compared to the consensus estimate 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%. As a group, 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.