MS&AD Insurance Group (OTCMKTS:MSADY) Shares Gap Up – Here’s Why

Shares of MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) gapped up before the market opened on Thursday . The stock had previously closed at $24.1650, but opened at $25.35. MS&AD Insurance Group shares last traded at $24.4770, with a volume of 3,784 shares changing hands.

MS&AD Insurance Group Stock Up 0.5%

The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24. The stock has a market capitalization of $36.87 billion, a P/E ratio of 7.58 and a beta of 0.35. The stock has a fifty day moving average price of $22.66 and a 200 day moving average price of $22.50.

MS&AD Insurance Group (OTCMKTS:MSADY) last released its quarterly earnings results on Wednesday, November 19th. The insurance provider reported $1.27 EPS for the quarter. The firm had revenue of $14.18 billion during the quarter. MS&AD Insurance Group had a net margin of 9.93% and a return on equity of 16.69%. On average, research analysts forecast that MS&AD Insurance Group Holdings Inc. will post 2.95 earnings per share for the current year.

About MS&AD Insurance Group

MS&AD Insurance Group (OTCMKTS:MSADY) is a Tokyo-based insurance holding company that operates primarily in property and casualty insurance while also offering life, reinsurance and risk management services. The group underwrites a broad range of commercial and personal insurance products designed to protect against motor, fire, marine, casualty, liability and specialty risks, and it provides related services such as claims handling, underwriting, and loss-prevention consulting.

The group’s operating structure comprises multiple subsidiaries that serve distinct market functions, including well-known domestic insurers such as Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance, along with affiliated businesses that provide reinsurance, asset management and risk consulting services.