Hannover Rück (OTCMKTS:HVRRY) Share Price Crosses Below 50 Day Moving Average of $42.99

Hannover Rück SE (OTCMKTS:HVRRY) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $42.99 and traded as low as $41.34. Hannover Rück shares last traded at $41.38, with a volume of 3,652 shares changing hands.

Hannover Rück Stock Up 1.3 %

The company has a debt-to-equity ratio of 0.47, a current ratio of 0.09 and a quick ratio of 0.09. The company has a market capitalization of $29.94 billion, a PE ratio of 15.65 and a beta of 0.71. The business’s 50 day simple moving average is $42.99 and its 200 day simple moving average is $40.78.

Hannover Rück Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, May 20th. Investors of record on Wednesday, May 8th will be issued a $0.7906 dividend. The ex-dividend date of this dividend is Tuesday, May 7th. This is a boost from Hannover Rück’s previous dividend of $0.13. Hannover Rück’s dividend payout ratio is currently 25.35%.

About Hannover Rück

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.