M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Short Interest Up 351.1% in May

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGYGet Free Report) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 33,412 shares, a growth of 351.1% from the May 14th total of 7,407 shares. Based on an average daily volume of 2,101,357 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

M�nchener R�ckversicherungs-Gesellschaft Trading Down 1.3%

Shares of M�nchener R�ckversicherungs-Gesellschaft stock opened at $10.56 on Friday. The business has a 50 day moving average price of $11.76 and a 200 day moving average price of $12.27. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market capitalization of $65.62 billion, a P/E ratio of 4.29, a P/E/G ratio of 1.58 and a beta of 0.40. M�nchener R�ckversicherungs-Gesellschaft has a 1 year low of $10.09 and a 1 year high of $14.41.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGYGet Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The financial services provider reported $1.57 earnings per share for the quarter, beating the consensus estimate of $0.32 by $1.25. The company had revenue of $22.07 billion during the quarter, compared to the consensus estimate of $19.86 billion. M�nchener R�ckversicherungs-Gesellschaft had a return on equity of 21.44% and a net margin of 11.28%. Sell-side analysts anticipate that M�nchener R�ckversicherungs-Gesellschaft will post 1.16 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Zacks Research cut M�nchener R�ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th. Erste Group Bank lowered M�nchener R�ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

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About M�nchener R�ckversicherungs-Gesellschaft

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Münchener Rückversicherungs-Gesellschaft (OTCMKTS:MURGY), commonly known as Munich Re, is a global reinsurance company headquartered in Munich, Germany. The firm’s core business is providing reinsurance solutions to primary insurers, covering property–casualty and life & health risks. Munich Re also offers specialty reinsurance products for complex or large-scale exposures and develops tailored risk-transfer solutions for clients facing catastrophic, industrial, or longevity risks.

In addition to its reinsurance operations, Munich Re conducts primary insurance activities through its ERGO Group subsidiary, which markets life, health, property & casualty, and legal protection insurance to retail and corporate customers.

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