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

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 46,300 shares, a drop of 24.1% from the January 15th total of 61,000 shares. Based on an average trading volume of 677,600 shares, the short-interest ratio is currently 0.1 days.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Price Performance

MURGY stock opened at $11.07 on Friday. The stock has a market capitalization of $74.06 billion, a price-to-earnings ratio of 7.20, a PEG ratio of 1.73 and a beta of 1.03. The firm’s 50-day moving average price is $10.54 and its two-hundred day moving average price is $10.44. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.20. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 12-month low of $8.44 and a 12-month high of $11.20.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on MURGY. UBS Group cut shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 19th. Barclays upgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a report on Tuesday, January 28th. Jefferies Financial Group lowered Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “buy” rating to a “hold” rating in a research report on Monday, October 21st. Finally, 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.

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.