Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2) Sets New 52-Week High – Still a Buy?

Shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2) reached a new 52-week high on Tuesday . The stock traded as high as €510.80 ($537.68) and last traded at €506.00 ($532.63), with a volume of 272696 shares trading hands. The stock had previously closed at €508.80 ($535.58).

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Trading Down 0.6 %

The company has a quick ratio of 0.40, a current ratio of 0.27 and a debt-to-equity ratio of 26.48. The firm’s 50 day simple moving average is €482.78 and its two-hundred day simple moving average is €469.60. The stock has a market cap of $67.68 billion, a P/E ratio of 11.17, a price-to-earnings-growth ratio of 1.50 and a beta of 0.85.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile

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.