Tokio Marine (OTCMKTS:TKOMY) Shares Up 6.9% – Here’s Why

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY)’s share price traded up 6.9% during trading on Tuesday . The stock traded as high as $44.75 and last traded at $44.38. 51,120 shares traded hands during trading, a decline of 75% from the average session volume of 207,479 shares. The stock had previously closed at $41.50.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TKOMY. Wall Street Zen cut Tokio Marine from a “buy” rating to a “hold” rating in a report on Thursday, November 27th. Zacks Research upgraded shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Tokio Marine has an average rating of “Hold”.

Tokio Marine Stock Up 8.4%

The stock has a 50-day moving average of $39.01 and a 200 day moving average of $38.97. The company has a market capitalization of $87.01 billion, a PE ratio of 16.30, a P/E/G ratio of 0.59 and a beta of 0.15. The company has a quick ratio of 0.05, a current ratio of 0.04 and a debt-to-equity ratio of 0.04.

Tokio Marine (OTCMKTS:TKOMY) last issued its quarterly earnings results on Friday, February 13th. The company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.23. The company had revenue of $15.11 billion during the quarter, compared to analyst estimates of $12.87 billion. Tokio Marine had a net margin of 9.29% and a return on equity of 15.71%. Sell-side analysts anticipate that Tokio Marine Holdings Inc. will post 3.51 EPS 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.