Swiss Re (OTCMKTS:SSREY) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Shares of Swiss Re Ltd. (OTCMKTS:SSREYGet Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $39.29 and traded as high as $41.53. Swiss Re shares last traded at $41.4650, with a volume of 16,894 shares traded.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on SSREY. Morgan Stanley reissued an “underweight” rating on shares of Swiss Re in a report on Friday, May 8th. UBS Group lowered Swiss Re from a “neutral” rating to a “sell” rating in a research report on Thursday, May 21st. Finally, Citigroup reiterated a “neutral” rating on shares of Swiss Re in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce”.

Read Our Latest Analysis on SSREY

Swiss Re Stock Performance

The company has a debt-to-equity ratio of 0.32, a current ratio of 39.12 and a quick ratio of 39.12. The stock’s fifty day moving average is $39.29 and its two-hundred day moving average is $40.36.

Swiss Re Company Profile

(Get Free Report)

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.

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