Hannover Ruck (OTCMKTS:HVRRY) Sees Large Volume Increase – Here’s Why

Hannover Ruck SE (OTCMKTS:HVRRY) shares saw unusually-strong trading volume on Tuesday . Approximately 50,728 shares traded hands during trading, an increase of 122% from the previous session’s volume of 22,833 shares.The stock last traded at $43.7550 and had previously closed at $43.17.

Analyst Upgrades and Downgrades

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

Hannover Ruck Stock Performance

The company has a market capitalization of $31.77 billion, a price-to-earnings ratio of 10.38 and a beta of 0.20. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.30. The stock’s fifty day simple moving average is $49.50 and its 200-day simple moving average is $49.42.

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

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.