Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Sees Significant Decline in Short Interest

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) was the target of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 84,100 shares, a decline of 15.6% from the February 13th total of 99,700 shares. Based on an average trading volume of 384,100 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

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

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Down 0.7 %

Shares of OTCMKTS MURGY opened at $12.68 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.12 and a current ratio of 1.12. The company has a market capitalization of $84.80 billion, a P/E ratio of 8.24, a price-to-earnings-growth ratio of 1.72 and a beta of 0.98. The company’s 50 day moving average price is $11.19 and its 200-day moving average price is $10.73. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 52-week low of $8.44 and a 52-week high of $12.80.

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