Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2) Sets New 52-Week High – Still a Buy?

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2) hit a new 52-week high during trading on Tuesday . The company traded as high as €510.80 ($537.68) and last traded at €506.00 ($532.63), with a volume of 272696 shares trading hands. The stock had previously closed at €508.80 ($535.58).

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Price Performance

The company has a market capitalization of $67.68 billion, a price-to-earnings ratio of 11.17, a PEG ratio of 1.50 and a beta of 0.85. The company’s 50 day simple moving average is €482.78 and its 200-day simple moving average is €469.60. The company has a current ratio of 0.27, a quick ratio of 0.40 and a debt-to-equity ratio of 26.48.

About Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.