Swiss Re Ltd. (OTCMKTS:SSREY – Get Free Report) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 3,633 shares, a decrease of 91.1% from the April 15th total of 41,049 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 70,340 shares, the short-interest ratio is currently 0.1 days.
Swiss Re Stock Performance
Shares of SSREY stock opened at $39.80 on Tuesday. The business’s 50 day moving average is $41.44 and its two-hundred day moving average is $42.03. The company has a current ratio of 39.12, a quick ratio of 39.12 and a debt-to-equity ratio of 0.32. Swiss Re has a 12-month low of $38.63 and a 12-month high of $48.62.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on SSREY shares. The Goldman Sachs Group lowered Swiss Re from a “hold” rating to a “sell” rating in a report on Wednesday, January 21st. Citigroup reaffirmed a “neutral” rating on shares of Swiss Re in a report on Friday. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Swiss Re in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Swiss Re presently has a consensus rating of “Reduce”.
Swiss Re Company Profile
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.
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