Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Sets New 12-Month High – Should You Buy?

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGYGet Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $55.71 and last traded at $55.42, with a volume of 15587 shares trading hands. The stock had previously closed at $55.06.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Up 0.6 %

The company has a market capitalization of $75.63 billion, a price-to-earnings ratio of 13.42, a price-to-earnings-growth ratio of 0.69 and a beta of 1.02. The firm’s 50 day moving average price is $52.64 and its two-hundred day moving average price is $49.72. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.20.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGYGet Free Report) last released its quarterly earnings data on Thursday, August 8th. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.07. The business had revenue of $16.10 billion during the quarter. Sell-side analysts anticipate that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 5.75 earnings per share for the current fiscal year.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile

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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.

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