Hannover Rück (OTCMKTS:HVRRY) Shares Cross Below 50-Day Moving Average of $43.10

Hannover Rück SE (OTCMKTS:HVRRY)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $43.10 and traded as low as $40.75. Hannover Rück shares last traded at $40.78, with a volume of 2,566 shares traded.

Hannover Rück Stock Performance

The stock has a market cap of $29.51 billion, a PE ratio of 15.45 and a beta of 0.69. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.47. The stock has a 50-day moving average of $43.10 and a 200 day moving average of $40.36.

Hannover Rück Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 20th. Shareholders of record on Wednesday, May 8th will be paid a dividend of $0.7906 per share. This is a boost from Hannover Rück’s previous dividend of $0.13. The ex-dividend date of this dividend is Tuesday, May 7th. Hannover Rück’s dividend payout ratio (DPR) is 28.79%.

Hannover Rück Company Profile

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.