Hannover Ruck (OTCMKTS:HVRRY) Shares Gap Up Following Better-Than-Expected Earnings

Hannover Ruck SE (OTCMKTS:HVRRY)’s share price gapped up before the market opened on Friday following a stronger than expected earnings report. The stock had previously closed at $47.84, but opened at $49.9980. Hannover Ruck shares last traded at $49.9980, with a volume of 3,422 shares.

The financial services provider reported $1.09 EPS for the quarter, topping the consensus estimate of $1.03 by $0.06. Hannover Ruck had a return on equity of 19.35% and a net margin of 9.44%.The company had revenue of $10.39 billion during the quarter, compared to the consensus estimate of $7.99 billion.

Hannover Ruck Stock Up 4.5%

The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.33. The company has a market cap of $36.18 billion, a PE ratio of 13.16 and a beta of 0.32. The company’s fifty day moving average is $48.47 and its 200-day moving average is $49.23.

Hannover Ruck Company Profile

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.