Swiss Re (OTCMKTS:SSREY) Reaches New 1-Year Low – Should You Sell?

Swiss Re Ltd. (OTCMKTS:SSREY)’s stock price hit a new 52-week low on Thursday . The stock traded as low as $37.73 and last traded at $37.80, with a volume of 80127 shares trading hands. The stock had previously closed at $38.07.

Analyst Ratings Changes

SSREY has been the topic of several recent analyst reports. Citigroup restated a “neutral” rating on shares of Swiss Re in a research note on Friday, May 8th. UBS Group cut Swiss Re from a “neutral” rating to a “sell” rating in a research note on Thursday, May 21st. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Swiss Re in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Swiss Re Stock Down 0.7%

The firm has a 50-day moving average price of $40.69 and a 200-day moving average price of $41.37. The company has a debt-to-equity ratio of 0.32, a quick ratio of 39.12 and a current ratio of 39.12.

About Swiss Re

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.