MS&AD Insurance Group (OTCMKTS:MSADY) Shares Gap Up – Here’s Why

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) shares gapped up before the market opened on Monday . The stock had previously closed at $25.48, but opened at $26.59. MS&AD Insurance Group shares last traded at $25.44, with a volume of 4,463 shares.

MS&AD Insurance Group Stock Down 0.1%

The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24. The firm has a market capitalization of $37.99 billion, a price-to-earnings ratio of 7.78 and a beta of 0.33. The firm’s 50-day moving average price is $25.85 and its 200 day moving average price is $23.71.

MS&AD Insurance Group (OTCMKTS:MSADY) last posted its earnings results on Friday, February 13th. The insurance provider reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.42. The firm had revenue of $11.75 billion for the quarter, compared to analyst estimates of $12.83 billion. MS&AD Insurance Group had a return on equity of 17.70% and a net margin of 9.90%. Sell-side analysts expect that MS&AD Insurance Group Holdings Inc. will post 2.95 EPS for the current year.

About MS&AD Insurance Group

MS&AD Insurance Group (OTCMKTS:MSADY) is a Tokyo-based insurance holding company that operates primarily in property and casualty insurance while also offering life, reinsurance and risk management services. The group underwrites a broad range of commercial and personal insurance products designed to protect against motor, fire, marine, casualty, liability and specialty risks, and it provides related services such as claims handling, underwriting, and loss-prevention consulting.

The group’s operating structure comprises multiple subsidiaries that serve distinct market functions, including well-known domestic insurers such as Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance, along with affiliated businesses that provide reinsurance, asset management and risk consulting services.