Tokio Marine (OTCMKTS:TKOMY) Shares Gap Down – What’s Next?

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $41.89, but opened at $40.44. Tokio Marine shares last traded at $42.20, with a volume of 10,381 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Wall Street Zen downgraded Tokio Marine from a “buy” rating to a “hold” rating in a report on Thursday, November 27th. Zacks Research raised shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

Tokio Marine Price Performance

The stock has a 50 day moving average of $38.52 and a 200-day moving average of $39.61. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.05 and a current ratio of 0.04. The company has a market cap of $80.28 billion, a PE ratio of 15.04, a price-to-earnings-growth ratio of 0.68 and a beta of 0.17.

Tokio Marine (OTCMKTS:TKOMY) last announced its quarterly earnings data on Friday, February 13th. The company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. Tokio Marine had a return on equity of 15.81% and a net margin of 9.29%.The business had revenue of $15.11 billion for the quarter, compared to analyst estimates of $12.87 billion. Equities analysts predict that Tokio Marine Holdings Inc. will post 3.51 earnings per share for the current 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.