Tokio Marine (OTCMKTS:TKOMY) Shares Gap Up – Here’s Why

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $41.20, but opened at $43.34. Tokio Marine shares last traded at $43.34, with a volume of 1,732 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Tokio Marine from a “buy” rating to a “hold” rating in a report on Thursday, November 27th. Zacks Research raised 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 stock presently has an average rating of “Hold”.

Tokio Marine Stock Performance

The company has a 50-day moving average of $38.24 and a 200-day moving average of $39.65. The firm has a market capitalization of $81.03 billion, a P/E ratio of 15.18, a price-to-earnings-growth ratio of 0.73 and a beta of 0.17. 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 issued its earnings results on Friday, February 13th. The company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. The business had revenue of $15.11 billion during the quarter, compared to analyst estimates of $12.87 billion. Tokio Marine had a return on equity of 15.81% and a net margin of 9.29%. On average, equities analysts anticipate that Tokio Marine Holdings Inc. will post 3.51 earnings per share for the current fiscal year.

About Tokio Marine

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.