M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Stock Short Interest Report for September

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 65,185 shares, a growth of 96.7% from the September 15th total of 33,141 shares. Based on an average daily trading volume, of 2,922,752 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, Zacks Research raised shares of M�nchener R�ckversicherungs-Gesellschaft from a “strong sell” rating to a “hold” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

M�nchener R�ckversicherungs-Gesellschaft Stock Performance

Shares of OTCMKTS:MURGY opened at $11.93 on Thursday. The business’s 50-day moving average is $11.78 and its 200 day moving average is $11.69. M�nchener R�ckversicherungs-Gesellschaft has a 1 year low of $10.09 and a 1 year high of $13.68. The firm has a market capitalization of $75.05 billion, a P/E ratio of 4.75, a P/E/G ratio of 1.94 and a beta of 0.36. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.14 and a quick ratio of 1.14.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last released its earnings results on Friday, August 7th. The financial services provider reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.11. The company had revenue of $17.65 billion for the quarter, compared to the consensus estimate of $18.75 billion. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 11.49% and a return on equity of 20.81%. On average, research analysts predict that M�nchener R�ckversicherungs-Gesellschaft will post 1.20 earnings per share for the current fiscal year.

M�nchener R�ckversicherungs-Gesellschaft Company Profile

Münchener Rückversicherungs-Gesellschaft AG, known internationally as Munich Re, is a Germany-based insurance group whose core business is reinsurance. Through its reinsurance operations, the company helps insurance providers manage and transfer risks arising from natural catastrophes, climate-related events, large property losses, liability claims, health expenses, and other complex exposures.

Munich Re also operates a primary insurance business through ERGO Group. ERGO provides insurance and related financial services to individuals and businesses, including life, health, property and casualty, legal expenses, and travel insurance.