Tokio Marine (OTCMKTS:TKOMY) Shares Gap Down – Here’s What Happened

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) shares gapped down prior to trading on Monday . The stock had previously closed at $39.47, but opened at $37.60. Tokio Marine shares last traded at $39.4885, with a volume of 12,014 shares.

Wall Street Analysts Forecast Growth

TKOMY has been the subject of a number of research analyst reports. Wall Street Zen downgraded shares of Tokio Marine from a “buy” rating to a “hold” rating in a research report on Thursday, November 27th. Zacks Research raised shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Tokio Marine Stock Up 1.1%

The stock has a market capitalization of $79.13 billion, a price-to-earnings ratio of 14.99, a price-to-earnings-growth ratio of 0.71 and a beta of 0.17. The firm has a 50-day moving average of $37.55 and a 200 day moving average of $39.60. The company has a current ratio of 0.04, a quick ratio of 0.05 and a debt-to-equity ratio of 0.04.

Tokio Marine (OTCMKTS:TKOMY) last posted its quarterly earnings data on Wednesday, November 19th. The company reported $0.79 earnings per share (EPS) for the quarter. Tokio Marine had a net margin of 9.67% and a return on equity of 15.81%. The company had revenue of $14.24 billion for the quarter. On average, sell-side analysts anticipate that Tokio Marine Holdings Inc. will post 3.51 earnings per share for the current year.

Tokio Marine Company Profile

Tokio Marine is a Tokyo‑headquartered insurance group with roots in the late 19th century and is one of Japan’s largest insurers. The company operates through a network of subsidiaries and affiliates to provide a broad suite of insurance and risk‑management services. Tokio Marine’s operations encompass both life and non‑life insurance businesses and are organized to serve individual policyholders, commercial clients and institutional customers.

The group’s core products and services include property & casualty insurance—covering commercial and personal lines such as fire, automobile, marine and casualty—specialty insurance solutions, reinsurance and life and health insurance.