Swiss Re (OTCMKTS:SSREY – Get Free Report) is anticipated to announce its results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of $0.9150 per share and revenue of $10.3658 billion for the quarter.
Swiss Re Stock Performance
Shares of OTCMKTS SSREY traded down $0.24 during midday trading on Tuesday, reaching $41.67. 12,958 shares of the stock were exchanged, compared to its average volume of 54,156. Swiss Re has a 12 month low of $36.01 and a 12 month high of $48.62. The company has a current ratio of 39.12, a quick ratio of 39.12 and a debt-to-equity ratio of 0.32. The business has a 50-day simple moving average of $39.50 and a two-hundred day simple moving average of $40.41.
Wall Street Analysts Forecast Growth
SSREY has been the subject of a number of research analyst reports. UBS Group cut Swiss Re from a “neutral” rating to a “sell” rating in a research note on Thursday, May 21st. Citigroup reiterated a “neutral” rating on shares of Swiss Re in a report on Friday, May 8th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Swiss Re in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce”.
Swiss Re Company Profile
Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.
Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance?linked securities.
Featured Stories
- Five stocks we like better than Swiss Re
- GLP-1 Demand Is Creating a New Dividend Angle in These 4 Logistics Stocks
- Tether Strikes Gold: Crypto’s Physical Pivot
- Jersey Mike’s Serves Fresh Gains After IPO Stumble
- 3 Drone Stocks That Should Soar After the Summer Slump
Receive News & Ratings for Swiss Re Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swiss Re and related companies with MarketBeat.com's FREE daily email newsletter.
