Hannover Ruck (OTCMKTS:HVRRY) Shares Gap Up – What’s Next?

Shares of Hannover Ruck SE (OTCMKTS:HVRRY) gapped up before the market opened on Tuesday . The stock had previously closed at $51.81, but opened at $55.02. Hannover Ruck shares last traded at $52.5750, with a volume of 1,740 shares traded.

Hannover Ruck Trading Up 1.2%

The company has a debt-to-equity ratio of 0.30, a current ratio of 0.06 and a quick ratio of 0.06. The company has a market cap of $36.37 billion, a PE ratio of 12.11 and a beta of 0.28. The company’s 50 day simple moving average is $51.22 and its two-hundred day simple moving average is $49.96.

Hannover Ruck (OTCMKTS:HVRRY) last announced its earnings results on Thursday, March 12th. The financial services provider reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.06. The company had revenue of $10.39 billion during the quarter, compared to analyst estimates of $7.99 billion. Hannover Ruck had a net margin of 9.92% and a return on equity of 20.38%. As a group, sell-side analysts anticipate that Hannover Ruck SE will post 4.67 EPS for the current fiscal year.

About Hannover Ruck

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.