Hannover Rück (OTCMKTS:HVRRY) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Hannover Rück SE (OTCMKTS:HVRRY)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $43.57 and traded as low as $43.15. Hannover Rück shares last traded at $43.15, with a volume of 7,415 shares traded.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded 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 cap of $31.22 billion, a PE ratio of 12.77 and a beta of 0.73. The firm’s 50-day moving average is $43.57 and its 200 day moving average is $44.60.

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.