Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2) Stock Price Up 0.2% – Here’s Why

Shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2) shot up 0.2% on Thursday . The company traded as high as €477.80 ($502.95) and last traded at €475.00 ($500.00). 217,733 shares changed hands during trading, a decline of 70% from the average session volume of 732,414 shares. The stock had previously closed at €474.10 ($499.05).

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Price Performance

The stock has a 50-day simple moving average of €482.02 and a 200 day simple moving average of €466.40. The company has a current ratio of 0.27, a quick ratio of 0.40 and a debt-to-equity ratio of 26.48. The stock has a market capitalization of $64.75 billion, a price-to-earnings ratio of 10.94, a price-to-earnings-growth ratio of 1.50 and a beta of 0.85.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.