Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Short Interest Up 115.3% in February

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 99,700 shares, an increase of 115.3% from the January 31st total of 46,300 shares. Based on an average daily trading volume, of 329,500 shares, the short-interest ratio is currently 0.3 days.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Price Performance

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München stock traded down $0.18 during midday trading on Friday, reaching $11.32. 207,473 shares of the stock traded hands, compared to its average volume of 338,128. The stock’s fifty day moving average is $10.65 and its 200-day moving average is $10.56. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 12 month low of $8.44 and a 12 month high of $11.64. The stock has a market cap of $75.71 billion, a P/E ratio of 7.36, a PEG ratio of 1.72 and a beta of 1.03. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.20.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) last posted its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The firm had revenue of $16.34 billion for the quarter, compared to the consensus estimate of $19.10 billion. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a return on equity of 18.94% and a net margin of 8.61%. As a group, equities research analysts anticipate that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 EPS for the current year.

Wall Street Analyst Weigh In

MURGY has been the subject of a number of research reports. Barclays upgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a report on Tuesday, January 28th. UBS Group lowered Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 19th.

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.