Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2) Stock Price Up 0.4% – Still a Buy?

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2)’s share price rose 0.4% during mid-day trading on Monday . The company traded as high as €496.80 ($517.50) and last traded at €493.70 ($514.27). Approximately 162,442 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 732,414 shares. The stock had previously closed at €491.50 ($511.98).

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Performance

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 firm has a market capitalization of $66.45 billion, a P/E ratio of 11.22, a price-to-earnings-growth ratio of 1.50 and a beta of 0.85. The business’s 50 day simple moving average is €487.66 and its two-hundred day simple moving average is €476.31.

About Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

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.