Short Interest in M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Rises By 351.1%

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 33,412 shares, a growth of 351.1% from the May 14th total of 7,407 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,101,357 shares, the short-interest ratio is presently 0.0 days.

M�nchener R�ckversicherungs-Gesellschaft Stock Up 1.2%

MURGY traded up $0.13 on Thursday, hitting $10.70. 952,003 shares of the company were exchanged, compared to its average volume of 1,104,211. M�nchener R�ckversicherungs-Gesellschaft has a twelve month low of $10.09 and a twelve month high of $14.41. The company has a market cap of $66.49 billion, a price-to-earnings ratio of 4.35, a price-to-earnings-growth ratio of 1.56 and a beta of 0.40. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.22. The firm has a 50-day moving average price of $11.80 and a two-hundred day moving average price of $12.28.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last released its earnings results on Tuesday, May 12th. The financial services provider reported $1.57 EPS for the quarter, topping the consensus estimate of $0.32 by $1.25. M�nchener R�ckversicherungs-Gesellschaft had a return on equity of 21.44% and a net margin of 11.28%.The firm had revenue of $22.07 billion during the quarter, compared to analysts’ expectations of $19.86 billion. On average, equities analysts predict that M�nchener R�ckversicherungs-Gesellschaft will post 1.16 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Erste Group Bank cut shares of M�nchener R�ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Zacks Research cut shares of M�nchener R�ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 19th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold”.

About M�nchener R�ckversicherungs-Gesellschaft

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.