Hannover Ruck (OTCMKTS:HVRRY) Sets New 12-Month Low – Time to Sell?

Hannover Ruck SE (OTCMKTS:HVRRY) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $45.3750 and last traded at $45.4933, with a volume of 23708 shares traded. The stock had previously closed at $46.52.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded Hannover Ruck to a “strong-buy” rating in a report on Tuesday, May 5th. Two research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Hannover Ruck Trading Down 2.1%

The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.06 and a current ratio of 0.06. The firm has a 50 day simple moving average of $50.53 and a two-hundred day simple moving average of $49.76. The firm has a market capitalization of $32.94 billion, a P/E ratio of 10.76 and a beta of 0.23.

Hannover Ruck (OTCMKTS:HVRRY) last issued its quarterly earnings data on Monday, May 11th. The financial services provider reported $0.78 earnings per share for the quarter, missing the consensus estimate of $1.18 by ($0.40). Hannover Ruck had a net margin of 9.84% and a return on equity of 20.27%. The company had revenue of $8.16 billion for the quarter, compared to the consensus estimate of $8.54 billion. Equities research analysts forecast that Hannover Ruck SE will post 4.67 earnings per share for the current year.

Hannover Ruck Company Profile

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.