MS&AD Insurance Group (OTCMKTS:MSADY) Shares Gap Up – Still a Buy?

Shares of MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADYGet Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $26.69, but opened at $28.53. MS&AD Insurance Group shares last traded at $28.49, with a volume of 3,476 shares trading hands.

MS&AD Insurance Group Stock Up 1.0%

The firm has a 50 day moving average of $26.39 and a two-hundred day moving average of $25.48. The firm has a market capitalization of $42.66 billion, a price-to-earnings ratio of 8.07 and a beta of 0.34.

MS&AD Insurance Group Company Profile

(Get Free Report)

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.

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