Hannover Ruck (OTCMKTS:HVRRY) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of Hannover Ruck SE (OTCMKTS:HVRRY) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $46.48 and traded as high as $48.3475. Hannover Ruck shares last traded at $48.06, with a volume of 6,209 shares traded.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on HVRRY shares. Berenberg Bank raised shares of Hannover Ruck to a “strong-buy” rating in a research report on Tuesday, May 5th. Zacks Research cut Hannover Ruck from a “hold” rating to a “strong sell” rating in a report on Monday, June 22nd. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Hannover Ruck currently has a consensus rating of “Moderate Buy”.

Hannover Ruck Stock Performance

The firm has a market cap of $34.77 billion, a price-to-earnings ratio of 11.36 and a beta of 0.20. The stock has a 50-day moving average of $46.48 and a 200-day moving average of $48.45. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.07 and a current ratio of 0.07.

Hannover Ruck (OTCMKTS:HVRRY) last released its quarterly earnings results on Monday, May 11th. The financial services provider reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.40). The firm had revenue of $8.16 billion for the quarter, compared to analyst estimates of $8.54 billion. Hannover Ruck had a return on equity of 19.51% and a net margin of 9.84%. As a group, analysts anticipate that Hannover Ruck SE will post 4.33 EPS for the current fiscal year.

Hannover Ruck Company Profile

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.