Hannover Rück (OTCMKTS:HVRRY) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Hannover Rück SE (OTCMKTS:HVRRY) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $45.27 and traded as high as $49.35. Hannover Rück shares last traded at $49.09, with a volume of 2,370 shares trading hands.

Wall Street Analyst Weigh In

Separately, Barclays raised Hannover Rück to a “strong sell” rating in a report on Tuesday, January 28th.

Hannover Rück Stock Down 0.4 %

The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.39. The firm has a market cap of $35.52 billion, a price-to-earnings ratio of 14.52 and a beta of 0.72. The stock’s 50 day moving average is $45.27 and its 200 day moving average is $44.89.

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.