Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY – Get Free Report) was the target of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 84,100 shares, a decline of 15.6% from the February 13th total of 99,700 shares. Based on an average daily trading volume, of 384,100 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.
Analysts Set New Price Targets
Several brokerages have recently issued reports on MURGY. Barclays upgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a “strong-buy” rating in a research report on Tuesday, January 28th. UBS Group cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 19th.
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Price Performance
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY – Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.01). The company had revenue of $16.34 billion during the quarter, compared to the consensus estimate of $19.10 billion. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a net margin of 8.61% and a return on equity of 18.94%. Equities research analysts anticipate that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 earnings per share for the current fiscal year.
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.
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