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

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY)’s share price gapped down before the market opened on Monday . The stock had previously closed at $38.13, but opened at $36.69. Tokio Marine shares last traded at $36.79, with a volume of 1,334 shares traded.

Analysts Set New Price Targets

TKOMY has been the topic of several recent analyst reports. Zacks Research raised shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 23rd. Wall Street Zen downgraded Tokio Marine from a “buy” rating to a “hold” rating in a research report on Thursday, November 27th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Tokio Marine presently has an average rating of “Hold”.

Tokio Marine Trading Down 1.5%

The company has a market cap of $71.94 billion, a P/E ratio of 13.63, a price-to-earnings-growth ratio of 0.66 and a beta of 0.19. The company has a quick ratio of 0.05, a current ratio of 0.04 and a debt-to-equity ratio of 0.04. The firm’s 50-day moving average price is $37.29 and its 200-day moving average price is $40.34.

Tokio Marine (OTCMKTS:TKOMY) last released its quarterly earnings data on Wednesday, November 19th. The company reported $0.79 earnings per share for the quarter. Tokio Marine had a net margin of 9.67% and a return on equity of 15.81%. The business had revenue of $14.24 billion during the quarter. As a group, equities research analysts expect 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.