Hannover Rück (OTCMKTS:HVRRY) Reaches New 52-Week High – What’s Next?

Hannover Rück SE (OTCMKTS:HVRRY)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $52.20 and last traded at $51.74, with a volume of 47360 shares changing hands. The stock had previously closed at $50.98.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. The Goldman Sachs Group upgraded Hannover Rück to a “strong-buy” rating in a research report on Monday, March 24th. Barclays upgraded shares of Hannover Rück to a “strong sell” rating in a research note on Tuesday, January 28th.

Hannover Rück Stock Performance

The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.10 and a current ratio of 0.10. The stock has a market capitalization of $37.44 billion, a P/E ratio of 15.31 and a beta of 0.52. The business has a 50-day moving average price of $47.11 and a 200 day moving average price of $45.15.

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.