M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Short Interest Update

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 68,678 shares, an increase of 105.5% from the May 31st total of 33,412 shares. Based on an average daily volume of 2,149,090 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

MURGY has been the subject of several analyst reports. Zacks Research downgraded shares of M�nchener R�ckversicherungs-Gesellschaft from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 17th. Erste Group Bank downgraded M�nchener R�ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, M�nchener R�ckversicherungs-Gesellschaft currently has a consensus rating of “Hold”.

M�nchener R�ckversicherungs-Gesellschaft Trading Up 0.2%

Shares of OTCMKTS MURGY traded up $0.02 during mid-day trading on Tuesday, reaching $11.14. The company had a trading volume of 498,228 shares, compared to its average volume of 783,271. The stock has a market cap of $69.23 billion, a price-to-earnings ratio of 4.53, a price-to-earnings-growth ratio of 1.60 and a beta of 0.40. M�nchener R�ckversicherungs-Gesellschaft has a 52 week low of $10.09 and a 52 week high of $14.41. The business’s 50-day moving average is $11.28 and its 200-day moving average is $12.14. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.22.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last released its quarterly earnings data on Tuesday, May 12th. The financial services provider reported $1.57 earnings per share (EPS) 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 analysts’ expectations of $19.86 billion. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 11.28% and a return on equity of 21.44%. Equities analysts expect that M�nchener R�ckversicherungs-Gesellschaft will post 1.16 earnings per share for the current year.

M�nchener R�ckversicherungs-Gesellschaft Company Profile

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.