Hannover Rück (OTCMKTS:HVRRY) Share Price Crosses Below Fifty Day Moving Average – Here’s Why

Hannover Rück SE (OTCMKTS:HVRRY)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $43.57 and traded as low as $43.15. Hannover Rück shares last traded at $43.15, with a volume of 7,415 shares.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded shares of Hannover Rück to a “strong sell” rating in a research report on Tuesday, January 28th.

Hannover Rück Stock Up 1.1 %

The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.10 and a current ratio of 0.10. The firm has a market capitalization of $31.22 billion, a price-to-earnings ratio of 12.77 and a beta of 0.73. The firm has a fifty day moving average price of $43.57 and a 200 day moving average price of $44.60.

About Hannover Rück

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.