Hannover Ruck (OTCMKTS:HVRRY) Shares Gap Up – Time to Buy?

Hannover Ruck SE (OTCMKTS:HVRRY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $49.72, but opened at $51.47. Hannover Ruck shares last traded at $49.45, with a volume of 4,950 shares traded.

Hannover Ruck Stock Performance

The company has a fifty day moving average of $48.70 and a two-hundred day moving average of $49.36. The stock has a market capitalization of $35.63 billion, a P/E ratio of 11.87 and a beta of 0.32. 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 (OTCMKTS:HVRRY) last released its earnings results on Thursday, March 12th. The financial services provider reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The company had revenue of $10.39 billion for the quarter, compared to the consensus estimate of $7.99 billion. Hannover Ruck had a return on equity of 20.87% and a net margin of 9.92%. On average, equities analysts anticipate that Hannover Ruck SE will post 3.42 EPS for the current 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.