Swiss Re (OTCMKTS:SSREF) Stock Price Up 3.2% – Here’s What Happened

Swiss Re AG (OTCMKTS:SSREF)’s stock price rose 3.2% during trading on Monday . The company traded as high as $173.1283 and last traded at $173.1283. Approximately 668 shares changed hands during mid-day trading, an increase of 78% from the average daily volume of 375 shares. The stock had previously closed at $167.8145.

Swiss Re Price Performance

The stock’s 50 day moving average price is $165.84 and its 200 day moving average price is $169.47.

About Swiss Re

Swiss Re Ltd. is a leading global reinsurance company headquartered in Zurich, Switzerland. The firm specializes in providing insurance-based risk transfer solutions, helping insurance companies, corporations and public sector clients manage exposure to natural catastrophes, life and health risks, and other large-scale perils. Through tailored reinsurance contracts, Swiss Re supports cedents by offering capital relief, underwriting expertise and loss mitigation services across a broad spectrum of coverages.

The company’s core operations are organized into three main segments: Property & Casualty Reinsurance, Life & Health Reinsurance and Corporate Solutions.