Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $10.29 and traded as high as $10.33. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München shares last traded at $10.24, with a volume of 241,766 shares.

Analyst Upgrades and Downgrades

MURGY has been the subject of several research reports. Berenberg Bank cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. UBS Group downgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 19th. Finally, Jefferies Financial Group cut shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “buy” rating to a “hold” rating in a research note on Monday, October 21st.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Price Performance

The stock has a 50-day moving average of $10.29 and a two-hundred day moving average of $10.31. The firm has a market cap of $69.35 billion, a price-to-earnings ratio of 6.74, a price-to-earnings-growth ratio of 1.57 and a beta of 1.02. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.20.

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.