Hannover Ruck (OTCMKTS:HVRRY) Stock Passes Below Fifty Day Moving Average – What’s Next?

Hannover Ruck SE (OTCMKTS:HVRRY) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $48.65 and traded as low as $44.6555. Hannover Ruck shares last traded at $44.6650, with a volume of 27,869 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded shares of Hannover Ruck to a “strong-buy” rating in a research report on Tuesday, May 5th. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Hannover Ruck has an average rating of “Buy”.

Hannover Ruck Price Performance

The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.30. The firm has a market cap of $32.32 billion, a price-to-earnings ratio of 10.56 and a beta of 0.20. The company’s 50-day moving average is $48.65 and its 200-day moving average is $49.21.

Hannover Ruck (OTCMKTS:HVRRY) last issued its quarterly earnings data on Monday, May 11th. The financial services provider reported $0.78 EPS for the quarter, missing the consensus estimate of $1.18 by ($0.40). The company had revenue of $8.16 billion during the quarter, compared to the consensus estimate of $8.54 billion. Hannover Ruck had a net margin of 9.84% and a return on equity of 20.27%. Equities research analysts predict that Hannover Ruck SE will post 4.67 earnings per share for the current year.

Hannover Ruck Company Profile

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.