M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Stock Bumped Down to “Strong Sell” by Zacks Research

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Monday, Zacks reports.

M�nchener R�ckversicherungs-Gesellschaft Stock Up 1.2%

MURGY opened at $12.33 on Monday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.22. The firm has a 50 day moving average price of $11.81 and a 200-day moving average price of $11.69. M�nchener R�ckversicherungs-Gesellschaft has a twelve month low of $10.09 and a twelve month high of $13.68. The stock has a market capitalization of $77.56 billion, a price-to-earnings ratio of 4.91, a PEG ratio of 2.18 and a beta of 0.36.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last issued its quarterly earnings data on Friday, August 7th. The financial services provider reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.11. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 11.49% and a return on equity of 20.81%. The company had revenue of $17.65 billion for the quarter, compared to the consensus estimate of $18.75 billion. Equities research analysts forecast that M�nchener R�ckversicherungs-Gesellschaft will post 1.19 earnings per share for the current year.

About M�nchener R�ckversicherungs-Gesellschaft

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München, commonly known as Munich Re, is a Germany-based insurance group and one of the world’s major reinsurance providers. Through its reinsurance business, the company helps primary insurers manage and transfer risks arising from property damage, natural catastrophes, liability, accidents, life and health events, and other exposures.

Munich Re also provides specialty insurance and risk-management solutions, including coverage and services for corporate clients, infrastructure, cyber risks, and emerging technologies.