Hannover Ruck (OTCMKTS:HVRRY – Get Free Report) is expected to issue its results before the market opens on Thursday, March 12th. Analysts expect the company to announce earnings of $1.03 per share and revenue of $7.9866 billion for the quarter.
Hannover Ruck Stock Up 0.7%
Shares of OTCMKTS HVRRY opened at $48.86 on Thursday. The company has a market cap of $35.35 billion, a price-to-earnings ratio of 12.86 and a beta of 0.32. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.33. Hannover Ruck has a 12 month low of $44.67 and a 12 month high of $55.40. The stock has a 50-day moving average price of $48.90 and a two-hundred day moving average price of $49.26.
Wall Street Analyst Weigh In
Separately, Zacks Research cut shares of Hannover Ruck from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Two equities research analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Hannover Ruck presently has an average rating of “Moderate Buy”.
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.
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