MS&AD Insurance Group (OTCMKTS:MSADY) Shares Gap Up – Should You Buy?

Shares of MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) gapped up before the market opened on Tuesday . The stock had previously closed at $25.42, but opened at $27.90. MS&AD Insurance Group shares last traded at $27.18, with a volume of 4,124 shares changing hands.

MS&AD Insurance Group Trading Down 1.8%

The company has a market capitalization of $40.44 billion, a price-to-earnings ratio of 8.29 and a beta of 0.34. The firm’s fifty day simple moving average is $25.70 and its two-hundred day simple moving average is $24.52.

MS&AD Insurance Group (OTCMKTS:MSADY) last released its quarterly earnings data on Friday, February 13th. The insurance provider reported $0.80 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 analysts’ expectations of $12.83 billion. MS&AD Insurance Group had a return on equity of 17.40% and a net margin of 9.90%.

MS&AD Insurance Group Company Profile

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.