Hannover Rück (OTCMKTS:HVRRY) Reaches New 12-Month High – Should You Buy?

Shares of Hannover Rück SE (OTCMKTS:HVRRY) hit a new 52-week high during trading on Thursday . The stock traded as high as $49.58 and last traded at $49.22, with a volume of 4135 shares traded. The stock had previously closed at $48.76.

Analysts Set New Price Targets

Separately, Barclays upgraded shares of Hannover Rück to a “strong sell” rating in a research note on Tuesday, January 28th.

Hannover Rück Stock Up 0.2 %

The firm’s 50 day simple moving average is $44.84 and its 200 day simple moving average is $44.84. The company has a market cap of $35.90 billion, a price-to-earnings ratio of 14.68 and a beta of 0.72. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.39.

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.