Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Sees Significant Decrease in Short Interest

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 61,000 shares, a decrease of 18.2% from the December 31st total of 74,600 shares. Based on an average trading volume of 1,073,800 shares, the short-interest ratio is currently 0.1 days.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Down 1.5 %

OTCMKTS MURGY traded down $0.17 during trading hours on Monday, hitting $10.81. 361,695 shares of the company traded hands, compared to its average volume of 341,369. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a twelve month low of $8.40 and a twelve month high of $11.20. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.12 and a current ratio of 1.12. The business’s 50-day moving average is $10.47 and its 200-day moving average is $10.38. The stock has a market capitalization of $72.30 billion, a price-to-earnings ratio of 7.03, a P/E/G ratio of 1.71 and a beta of 1.03.

Analysts Set New Price Targets

MURGY has been the subject of several recent analyst reports. Jefferies Financial Group downgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “buy” rating to a “hold” rating in a report on Monday, October 21st. Berenberg Bank cut shares of 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 research note on Thursday, December 19th. Finally, Barclays upgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a research note on Tuesday, January 28th.

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.