Hannover Rück (OTCMKTS:HVRRY) Shares Pass Below 50-Day Moving Average – Time to Sell?

Hannover Rück SE (OTCMKTS:HVRRY) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $43.77 and traded as low as $43.60. Hannover Rück shares last traded at $43.76, with a volume of 6,764 shares.

Analyst Upgrades and Downgrades

Separately, Barclays raised Hannover Rück to a “strong sell” rating in a report on Tuesday, January 28th.

Hannover Rück Stock Performance

The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.39. The firm’s fifty day moving average is $43.77 and its 200 day moving average is $44.30. The company has a market cap of $31.45 billion, a PE ratio of 12.86 and a beta of 0.73.

Hannover Rück (OTCMKTS:HVRRY) last released its earnings results on Monday, November 11th. The financial services provider reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.24. The business had revenue of $7.46 billion during the quarter. Hannover Rück had a net margin of 8.78% and a return on equity of 19.44%. As a group, research analysts predict that Hannover Rück SE will post 3.45 EPS for the current fiscal year.

About Hannover Rück

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.