Hannover Rück (OTCMKTS:HVRRY) Sets New 12-Month High – Here’s What Happened

Shares of Hannover Rück SE (OTCMKTS:HVRRY) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $50.50 and last traded at $50.47, with a volume of 21982 shares trading hands. The stock had previously closed at $50.16.

Wall Street Analyst Weigh In

HVRRY has been the subject of several analyst reports. The Goldman Sachs Group raised Hannover Rück to a “strong-buy” rating in a research note on Monday, March 24th. Barclays upgraded Hannover Rück to a “strong sell” rating in a research report on Tuesday, January 28th.

Hannover Rück Trading Down 6.2 %

The stock has a fifty day moving average of $46.53 and a 200-day moving average of $45.08. The company has a market cap of $34.82 billion, a PE ratio of 14.24 and a beta of 0.52. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.10 and a current ratio of 0.10.

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.