Hannover Ruck (OTCMKTS:HVRRY) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Shares of Hannover Ruck SE (OTCMKTS:HVRRY) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $49.43 and traded as low as $46.99. Hannover Ruck shares last traded at $47.30, with a volume of 30,166 shares trading hands.

Analyst Upgrades and Downgrades

HVRRY has been the topic of several analyst reports. Royal Bank Of Canada lowered shares of Hannover Ruck from a “moderate buy” rating to a “hold” rating in a research report on Monday, October 13th. Zacks Research cut Hannover Ruck from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Two investment analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Hannover Ruck has a consensus rating of “Moderate Buy”.

Hannover Ruck Stock Performance

The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.14 and a current ratio of 0.14. The firm’s 50-day moving average price is $49.43 and its two-hundred day moving average price is $49.69. The stock has a market cap of $34.23 billion, a price-to-earnings ratio of 12.45 and a beta of 0.35.

Hannover Ruck (OTCMKTS:HVRRY) last released its quarterly earnings data on Monday, November 10th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.02). The firm had revenue of $8.21 billion for the quarter, compared to analyst estimates of $8.27 billion. Hannover Ruck had a return on equity of 19.35% and a net margin of 9.44%. On average, analysts expect that Hannover Ruck SE will post 3.42 EPS for the current fiscal year.

About Hannover Ruck

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.