Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Short Interest Down 24.1% in January

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) was the target of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 46,300 shares, a decline of 24.1% from the January 15th total of 61,000 shares. Based on an average daily trading volume, of 677,600 shares, the short-interest ratio is currently 0.1 days.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Performance

MURGY stock traded down $0.14 during midday trading on Friday, reaching $10.93. 173,352 shares of the company were exchanged, compared to its average volume of 296,342. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.12 and a quick ratio of 1.12. The business has a 50-day moving average price of $10.55 and a two-hundred day moving average price of $10.45. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a one year low of $8.44 and a one year high of $11.20. The firm has a market capitalization of $73.10 billion, a price-to-earnings ratio of 7.11, a price-to-earnings-growth ratio of 1.73 and a beta of 1.03.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Barclays upgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a report on Tuesday, January 28th. Jefferies Financial Group downgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “buy” rating to a “hold” rating in a report on Monday, October 21st. UBS Group cut shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 19th. Finally, Berenberg Bank cut shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile

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.