Talanx (OTCMKTS:TLLXY) Stock Price Down 2.1% – Here’s Why

Talanx AG (OTCMKTS:TLLXY) shares dropped 2.1% on Monday . The stock traded as low as $59.8550 and last traded at $59.8550. Approximately 154 shares changed hands during trading, a decline of 79% from the average daily volume of 744 shares. The stock had previously closed at $61.12.

Talanx Price Performance

The firm’s fifty day simple moving average is $62.68 and its 200 day simple moving average is $62.90.

About Talanx

Talanx AG is a Germany‐based insurance group headquartered in Hannover that provides a broad range of risk‐management products and services. The company operates through multiple segments, offering property & casualty coverage, life and health insurance solutions, as well as reinsurance capacity. Its flagship brands include HDI in the commercial and private insurance markets, Wüstenrot in savings and building‐financing products, and a significant stake in Hannover Re, one of the world’s leading reinsurance companies.

The Group’s property & casualty segment addresses the needs of corporate and retail clients in areas such as liability, engineering, marine and aviation risks.