Hannover Ruck (OTCMKTS:HVRRY) Shares Cross Above 50 Day Moving Average – Time to Sell?

Hannover Ruck SE (OTCMKTS:HVRRY) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $49.17 and traded as high as $50.13. Hannover Ruck shares last traded at $49.56, with a volume of 15,993 shares.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of Hannover Ruck from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Two investment analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Hannover Ruck Stock Up 1.1%

The stock has a market capitalization of $35.86 billion, a price-to-earnings ratio of 13.04 and a beta of 0.34. The firm has a 50-day moving average of $49.17 and a 200 day moving average of $49.34. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.33.

About Hannover Ruck

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.