Hannover Ruck (OTCMKTS:HVRRY) Hits New 1-Year Low – Here’s Why

Hannover Ruck SE (OTCMKTS:HVRRY) reached a new 52-week low during trading on Monday . The company traded as low as $43.20 and last traded at $43.3250, with a volume of 11556 shares changing hands. The stock had previously closed at $43.31.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upgraded Hannover Ruck to a “strong-buy” rating in a research report on Tuesday, May 5th. Two analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Hannover Ruck currently has a consensus rating of “Buy”.

Hannover Ruck Price Performance

The company has a debt-to-equity ratio of 0.30, a current ratio of 0.06 and a quick ratio of 0.06. The firm has a fifty day moving average of $49.62 and a two-hundred day moving average of $49.47. The stock has a market capitalization of $31.29 billion, a P/E ratio of 10.22 and a beta of 0.20.

Hannover Ruck (OTCMKTS:HVRRY) last released its quarterly earnings data on Monday, May 11th. The financial services provider reported $0.78 earnings per share for the quarter, missing the consensus estimate of $1.18 by ($0.40). The firm had revenue of $8.16 billion during the quarter, compared to the consensus estimate of $8.54 billion. Hannover Ruck had a net margin of 9.84% and a return on equity of 20.27%. On average, analysts predict that Hannover Ruck SE will post 4.67 EPS for the current year.

Hannover Ruck Company Profile

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.