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

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) shares saw strong trading volume on Tuesday . 212,396 shares traded hands during trading, an increase of 4% from the previous session’s volume of 204,519 shares.The stock last traded at $46.5040 and had previously closed at $45.46.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Tokio Marine from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Tokio Marine Stock Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.05 and a current ratio of 0.04. The company has a market cap of $89.56 billion, a price-to-earnings ratio of 16.78 and a beta of 0.15. The firm’s 50-day moving average price is $39.86 and its 200 day moving average price is $39.06.

Tokio Marine (OTCMKTS:TKOMY) last announced its quarterly earnings data on Friday, February 13th. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.23. Tokio Marine had a net margin of 9.29% and a return on equity of 15.71%. The business had revenue of $15.11 billion for the quarter, compared to analyst estimates of $12.87 billion. On average, 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.