Swiss Re Ltd. (OTCMKTS:SSREY – Get Free Report) shares saw an uptick in trading volume on Thursday. 106,152 shares traded hands during trading, an increase of 105% from the previous session’s volume of 51,879 shares. The stock last traded at $45.31 and had previously closed at $44.22.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group downgraded shares of Swiss Re from a “hold” rating to a “moderate sell” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce”.
Get Our Latest Stock Report on Swiss Re
Swiss Re Stock Up 2.0%
The company has a fifty day simple moving average of $42.93 and a two-hundred day simple moving average of $41.09.
Swiss Re Company Profile
Swiss Re Ltd. is a global provider of reinsurance, insurance and risk-management services. Through its reinsurance operations, the company helps insurance carriers manage and transfer risks arising from natural catastrophes, property damage, casualty events, accidents, mortality, longevity and other exposures.
Swiss Re’s principal business areas include Property & Casualty Reinsurance, which covers risks related to property, liability and specialty lines, and Life & Health Reinsurance, which supports insurers with mortality, longevity, health and related products.
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