M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Short Interest Down 92.8% in May

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 7,407 shares, a decrease of 92.8% from the April 30th total of 102,395 shares. Based on an average daily volume of 1,804,744 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

M�nchener R�ckversicherungs-Gesellschaft Stock Down 2.1%

MURGY stock traded down $0.23 during midday trading on Thursday, reaching $10.58. The company had a trading volume of 767,643 shares, compared to its average volume of 606,371. M�nchener R�ckversicherungs-Gesellschaft has a 1 year low of $10.57 and a 1 year high of $14.41. 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 company has a market capitalization of $65.75 billion, a P/E ratio of 4.30, a PEG ratio of 1.61 and a beta of 0.46. The company has a 50 day moving average of $12.21 and a two-hundred day moving average of $12.45.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last released its earnings results on Tuesday, May 12th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $1.25. The company had revenue of $22.07 billion during the quarter, compared to the consensus estimate of $19.86 billion. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 11.28% and a return on equity of 21.44%. On average, equities research analysts expect that M�nchener R�ckversicherungs-Gesellschaft will post 1.17 earnings per share for the current fiscal year.

Analysts Set New Price Targets

MURGY has been the topic of several analyst reports. Erste Group Bank lowered shares of M�nchener R�ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. Zacks Research downgraded shares of M�nchener R�ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 19th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, M�nchener R�ckversicherungs-Gesellschaft has an average rating of “Hold”.

M�nchener R�ckversicherungs-Gesellschaft Company Profile

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.