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

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 99,700 shares, a growth of 115.3% from the January 31st total of 46,300 shares. Based on an average daily trading volume, of 329,500 shares, the short-interest ratio is presently 0.3 days.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Performance

MURGY stock traded down $0.18 during trading hours on Friday, hitting $11.32. 207,473 shares of the stock were exchanged, compared to its average volume of 338,128. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $75.71 billion, a P/E ratio of 7.36, a P/E/G ratio of 1.72 and a beta of 1.03. The company has a 50-day simple moving average of $10.65 and a two-hundred day simple moving average of $10.56. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 12 month low of $8.44 and a 12 month high of $11.64.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) last issued its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a return on equity of 18.94% and a net margin of 8.61%. The company had revenue of $16.34 billion during the quarter, compared to the consensus estimate of $19.10 billion. On average, analysts forecast that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

MURGY has been the topic of several recent research reports. Barclays upgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a research report on Tuesday, January 28th. UBS Group cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 19th.

About Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

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.