Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Short Interest Update

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 47,500 shares, a drop of 16.7% from the November 30th total of 57,000 shares. Based on an average daily volume of 302,500 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

MURGY has been the topic of a number of recent analyst reports. Jefferies Financial Group cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “buy” rating to a “hold” rating in a research report on Monday, October 21st. 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. Finally, UBS Group lowered 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.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Trading Down 2.0 %

OTCMKTS MURGY traded down $0.21 on Friday, reaching $10.27. The company had a trading volume of 385,698 shares, compared to its average volume of 277,842. The firm has a market cap of $68.69 billion, a price-to-earnings ratio of 6.67, a P/E/G ratio of 1.94 and a beta of 1.02. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a fifty-two week low of $8.18 and a fifty-two week high of $11.14. The business has a 50 day moving average of $10.32 and a two-hundred day moving average of $10.29. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.12 and a quick ratio of 1.12.

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.