Swiss Re (OTCMKTS:SSREY) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Swiss Re Ltd. (OTCMKTS:SSREY) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $39.75 and traded as high as $42.34. Swiss Re shares last traded at $42.19, with a volume of 11,873 shares changing hands.

Analysts Set New Price Targets

A number of analysts recently issued reports on SSREY shares. UBS Group lowered shares of Swiss Re from a “neutral” rating to a “sell” rating in a research report on Thursday, May 21st. Morgan Stanley reissued an “underweight” rating on shares of Swiss Re in a research note on Friday, May 8th. Finally, Citigroup restated a “neutral” rating on shares of Swiss Re in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce”.

Swiss Re Stock Up 1.6%

The company has a debt-to-equity ratio of 0.32, a quick ratio of 39.12 and a current ratio of 39.12. The firm’s 50-day moving average is $39.86 and its 200 day moving average is $40.47.

Swiss Re Company Profile

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.