Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Stock Passes Below 50 Day Moving Average of $49.60

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $49.60 and traded as low as $48.34. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München shares last traded at $48.38, with a volume of 29,190 shares traded.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Performance

The firm has a market cap of $66.03 billion, a P/E ratio of 12.37, a P/E/G ratio of 0.63 and a beta of 1.02. The business’s 50-day simple moving average is $49.60 and its 200 day simple moving average is $46.64.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) last posted its earnings results on Wednesday, May 8th. The financial services provider reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.05. The company had revenue of $22.50 billion during the quarter. As a group, equities research analysts expect that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 5.36 EPS for the current year.

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.