Hannover Ruck SE (OTCMKTS:HVRRY) Short Interest Update
by Tristan Rich · The Markets DailyHannover Ruck SE (OTCMKTS:HVRRY – Get Free Report) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 21,166 shares, an increase of 92.6% from the November 30th total of 10,989 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 20,550 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 20,550 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.0% of the company’s stock are short sold.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on HVRRY shares. UBS Group raised shares of Hannover Ruck from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 12th. Zacks Research cut shares of Hannover Ruck from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Finally, Royal Bank Of Canada cut Hannover Ruck from a “moderate buy” rating to a “hold” rating in a report on Monday, October 13th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Hannover Ruck has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on HVRRY
Hannover Ruck Stock Up 1.4%
Shares of HVRRY traded up $0.74 during mid-day trading on Friday, hitting $52.52. 2,591 shares of the company’s stock were exchanged, compared to its average volume of 8,498. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.14 and a quick ratio of 0.14. Hannover Ruck has a 52 week low of $41.49 and a 52 week high of $55.40. The company has a market cap of $38.00 billion, a PE ratio of 13.82 and a beta of 0.33. The company has a 50-day simple moving average of $49.79 and a 200 day simple moving average of $50.32.
Hannover Ruck (OTCMKTS:HVRRY – Get Free Report) last announced its earnings results on Monday, November 10th. The financial services provider reported $1.05 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.02). Hannover Ruck had a return on equity of 19.35% and a net margin of 9.44%.The business had revenue of $8.21 billion for the quarter, compared to analyst estimates of $8.27 billion. On average, research analysts forecast that Hannover Ruck will post 3.42 earnings per share for the current fiscal 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.