Talanx (ETR:TLX) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Talanx AG (ETR:TLXGet Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of €76.75 ($80.79) and traded as high as €85.40 ($89.89). Talanx shares last traded at €83.00 ($87.37), with a volume of 119,929 shares changing hands.

Talanx Price Performance

The firm’s 50-day moving average is €76.75 and its 200-day moving average is €74.50. The company has a debt-to-equity ratio of 48.90, a current ratio of 17.97 and a quick ratio of 0.84. The company has a market capitalization of $21.34 billion, a P/E ratio of 11.58, a price-to-earnings-growth ratio of 1.66 and a beta of 0.82.

About Talanx

(Get Free Report)

Talanx AG provides insurance and reinsurance products and services worldwide. It offers life, casualty, liability, motor, aviation, legal protection, fire, burglary and theft, water damage, plate glass, windstorm, comprehensive householders, comprehensive home-owners, hail, livestock, engineering, omnium, marine, business interruption, travel assistance, aviation and space liability, financial lines, and other property insurance, as well as coverage for fire and fire loss of profits insurance.

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