Hannover Rück (FRA:HNR1) Trading Down 0.7% – What’s Next?

Hannover Rück SE (FRA:HNR1)’s share price dropped 0.7% during mid-day trading on Friday . The company traded as low as €271.80 and last traded at €274.80. Approximately 140,203 shares traded hands during mid-day trading, The stock had previously closed at €276.80.

Hannover Rück Price Performance

The stock has a 50-day simple moving average of €261.27 and a 200-day simple moving average of €256.20.

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. The company provides property and casualty reinsurance solutions for agricultural, livestock, and bloodstock; aviation and space; catastrophe XL; credit, surety, and political risks; facultative; and marine and offshore energy businesses, as well as insurance-linked securities and structured reinsurance.