Swiss Re (OTCMKTS:SSREY) Shares Gap Down – Should You Sell?

Shares of Swiss Re Ltd. (OTCMKTS:SSREY) gapped down before the market opened on Tuesday . The stock had previously closed at $42.79, but opened at $40.74. Swiss Re shares last traded at $40.78, with a volume of 2,969 shares.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Morgan Stanley restated an “underweight” rating on shares of Swiss Re in a report on Friday, May 8th. UBS Group downgraded Swiss Re from a “neutral” rating to a “sell” rating in a report on Thursday, May 21st. Finally, Citigroup reissued a “neutral” rating on shares of Swiss Re in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce”.

Swiss Re Stock Down 2.9%

The company’s fifty day moving average is $38.99 and its 200 day moving average is $40.36. The company has a current ratio of 39.12, a quick ratio of 39.12 and a debt-to-equity ratio of 0.32.

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.