Tokio Marine (OTCMKTS:TKOMY) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) saw unusually-strong trading volume on Monday . Approximately 191,537 shares traded hands during trading, an increase of 10% from the previous session’s volume of 174,108 shares.The stock last traded at $48.47 and had previously closed at $48.11.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on TKOMY shares. Berenberg Bank upgraded Tokio Marine to a “strong-buy” rating in a research note on Wednesday, May 6th. Zacks Research raised shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Tokio Marine Stock Up 3.0%

The stock has a fifty day moving average price of $44.16 and a two-hundred day moving average price of $40.10. The company has a market cap of $96.82 billion, a price-to-earnings ratio of 18.14 and a beta of 0.06.

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.