Hannover Rück (OTCMKTS:HVRRY) Stock Passes Below 50-Day Moving Average of $43.10

Hannover Rück SE (OTCMKTS:HVRRY)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $43.10 and traded as low as $40.75. Hannover Rück shares last traded at $40.78, with a volume of 2,566 shares changing hands.

Hannover Rück Stock Performance

The company’s fifty day simple moving average is $43.10 and its 200 day simple moving average is $40.33. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $29.51 billion, a P/E ratio of 15.43 and a beta of 0.69.

Hannover Rück Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, May 20th. Shareholders of record on Wednesday, May 8th will be issued a $0.7906 dividend. This is an increase from Hannover Rück’s previous dividend of $0.13. The ex-dividend date of this dividend is Tuesday, May 7th. Hannover Rück’s dividend payout ratio (DPR) 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.