Swiss Re AG (OTCMKTS:SSREY – Get Free Report)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $30.39 and traded as low as $26.82. Swiss Re shares last traded at $27.04, with a volume of 51,756 shares changing hands.
Swiss Re Stock Performance
The firm’s 50-day simple moving average is $30.39 and its 200 day simple moving average is $28.77.
Swiss Re Cuts Dividend
The business also recently announced an annual dividend, which will be paid on Thursday, April 25th. Shareholders of record on Wednesday, April 17th will be issued a $1.065 dividend. The ex-dividend date is Tuesday, April 16th. This represents a yield of 3.31%.
About Swiss Re
Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.
Further Reading
- Five stocks we like better than Swiss Re
- What is a Low P/E Ratio and What Does it Tell Investors?
- United Airlines Soars on Earnings Beat
- How to Calculate Return on Investment (ROI)
- J.B. Hunt Hits the Skids: Lower Prices to Come
- What is the S&P/TSX Index?
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Receive News & Ratings for Swiss Re Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swiss Re and related companies with MarketBeat.com's FREE daily email newsletter.
