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 large increase in short interest in the month of May. As of May 29th, there was short interest totaling 33,412 shares, an increase of 351.1% from the May 14th total of 7,407 shares. Based on an average daily volume of 2,101,357 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

MURGY has been the subject of a number of analyst reports. Zacks Research cut M�nchener R�ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 19th. Erste Group Bank cut shares of M�nchener R�ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, M�nchener R�ckversicherungs-Gesellschaft presently has a consensus rating of “Hold”.

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

M�nchener R�ckversicherungs-Gesellschaft stock traded up $0.13 during midday trading on Thursday, hitting $10.70. 952,003 shares of the stock were exchanged, compared to its average volume of 1,104,211. M�nchener R�ckversicherungs-Gesellschaft has a fifty-two week low of $10.09 and a fifty-two week high of $14.41. The stock has a market capitalization of $66.49 billion, a price-to-earnings ratio of 4.35, a PEG ratio of 1.56 and a beta of 0.40. The stock’s 50-day simple moving average is $11.80 and its 200 day simple moving average is $12.28. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.22.

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

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.