Hannover Rück (OTCMKTS:HVRRY) Stock Crosses Below 50-Day Moving Average of $42.99

Hannover Rück SE (OTCMKTS:HVRRY) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $42.99 and traded as low as $41.34. Hannover Rück shares last traded at $41.38, with a volume of 3,652 shares trading hands.

Hannover Rück Trading Up 1.3 %

The firm has a market cap of $29.94 billion, a P/E ratio of 15.65 and a beta of 0.71. The stock has a 50 day simple moving average of $42.99 and a 200-day simple moving average of $40.78. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.47.

Hannover Rück Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 20th. Investors of record on Wednesday, May 8th will be paid a dividend of $0.7906 per share. This is an increase from Hannover Rück’s previous dividend of $0.13. The ex-dividend date is Tuesday, May 7th. Hannover Rück’s dividend payout ratio is presently 25.35%.

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.