M?nchener R?ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Short Interest Update

M?nchener R?ckversicherungs-Gesellschaft (OTCMKTS:MURGY) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 68,678 shares, an increase of 105.5% from the May 31st total of 33,412 shares. Based on an average trading volume of 2,149,090 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Zacks Research lowered M?nchener R?ckversicherungs-Gesellschaft from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 17th. Erste Group Bank downgraded shares of M?nchener R?ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

M?nchener R?ckversicherungs-Gesellschaft Trading Up 2.0%

Shares of MURGY stock opened at $11.42 on Thursday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.22. The business has a 50-day moving average price of $11.19 and a two-hundred day moving average price of $12.11. M?nchener R?ckversicherungs-Gesellschaft has a 12-month low of $10.09 and a 12-month high of $14.41. The firm has a market cap of $70.97 billion, a P/E ratio of 4.64, a price-to-earnings-growth ratio of 1.66 and a beta of 0.40.

M?nchener R?ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last announced its quarterly earnings data on Tuesday, May 12th. The financial services provider reported $1.57 EPS for the quarter, beating the consensus estimate of $0.32 by $1.25. The firm had revenue of $22.07 billion for the quarter, compared to analyst estimates of $19.86 billion. M?nchener R?ckversicherungs-Gesellschaft had a return on equity of 21.44% and a net margin of 11.28%. Equities analysts anticipate that M?nchener R?ckversicherungs-Gesellschaft will post 1.16 EPS for the current fiscal year.

About M?nchener R?ckversicherungs-Gesellschaft

Münchener Rückversicherungs-Gesellschaft (OTCMKTS:MURGY), commonly known as Munich Re, is a global reinsurance company headquartered in Munich, Germany. The firm’s core business is providing reinsurance solutions to primary insurers, covering property–casualty and life & health risks. Munich Re also offers specialty reinsurance products for complex or large-scale exposures and develops tailored risk-transfer solutions for clients facing catastrophic, industrial, or longevity risks.

In addition to its reinsurance operations, Munich Re conducts primary insurance activities through its ERGO Group subsidiary, which markets life, health, property & casualty, and legal protection insurance to retail and corporate customers.