Tokio Marine (OTCMKTS:TKOMY) Shares Gap Up – Time to Buy?

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $35.39, but opened at $36.99. Tokio Marine shares last traded at $35.74, with a volume of 11,687 shares changing hands.

Wall Street Analyst Weigh In

TKOMY has been the topic of a number of research reports. Wall Street Zen downgraded shares of Tokio Marine from a “buy” rating to a “hold” rating in a research note on Thursday, November 27th. Zacks Research upgraded Tokio Marine from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 23rd. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Tokio Marine Stock Up 0.6%

The firm has a market cap of $68.87 billion, a P/E ratio of 13.04, a P/E/G ratio of 0.64 and a beta of 0.19. The business’s fifty day moving average price is $38.16 and its two-hundred day moving average price is $40.71. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.05.

Tokio Marine (OTCMKTS:TKOMY) last issued its quarterly earnings data on Wednesday, November 19th. The company reported $0.79 earnings per share (EPS) for the quarter. The firm had revenue of $14.24 billion during the quarter. Tokio Marine had a net margin of 9.67% and a return on equity of 15.90%. As a group, equities research analysts anticipate that Tokio Marine Holdings Inc. will post 3.51 EPS for the current year.

Tokio Marine Company Profile

Tokio Marine Holdings, Inc, together with its subsidiaries, engages in non-life and life insurance, international insurance, and financial and general businesses worldwide. The company provides business, fire, Internet and mobile, rental housing, and natural catastrophe risk insurance services, as well as insurance for retail and corporate fields.