Hannover Ruck (OTCMKTS:HVRRY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Hannover Ruck SE (OTCMKTS:HVRRY) saw unusually-strong trading volume on Monday . Approximately 13,081 shares were traded during trading, an increase of 42% from the previous session’s volume of 9,237 shares.The stock last traded at $49.71 and had previously closed at $50.33.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. UBS Group raised Hannover Ruck from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 12th. Zacks Research cut shares of Hannover Ruck from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, Royal Bank Of Canada cut shares of Hannover Ruck from a “moderate buy” rating to a “hold” rating in a research report on Monday, October 13th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Hannover Ruck presently has an average rating of “Moderate Buy”.

Hannover Ruck Stock Down 0.9%

The company has a debt-to-equity ratio of 0.37, a current ratio of 0.09 and a quick ratio of 0.09. The company has a fifty day moving average price of $49.35 and a 200 day moving average price of $50.90. The company has a market cap of $36.09 billion, a PE ratio of 13.27 and a beta of 0.42.

Hannover Ruck (OTCMKTS:HVRRY) last posted its quarterly earnings data on Monday, November 10th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.02). The firm had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $8.27 billion. Hannover Ruck had a return on equity of 19.77% and a net margin of 9.33%. As a group, analysts anticipate that Hannover Ruck SE will post 3.42 EPS for the current year.

About Hannover Ruck

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.