Swiss Re (OTCMKTS:SSREY) Reaches New 52-Week Low – Time to Sell?

Swiss Re Ltd. (OTCMKTS:SSREY)’s share price reached a new 52-week low on Friday . The stock traded as low as $37.9896 and last traded at $38.00, with a volume of 6947 shares trading hands. The stock had previously closed at $38.87.

Analyst Ratings Changes

Several equities analysts recently issued reports on SSREY shares. UBS Group lowered shares of Swiss Re from a “neutral” rating to a “sell” rating in a report on Thursday. Citigroup reissued a “neutral” rating on shares of Swiss Re in a report on Friday, May 8th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Swiss Re in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat, Swiss Re has an average rating of “Reduce”.

Swiss Re Stock Performance

The company’s fifty day moving average is $40.94 and its 200-day moving average is $41.59. The company has a debt-to-equity ratio of 0.32, a quick ratio of 39.12 and a current ratio of 39.12.

About Swiss Re

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.