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

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $23.39, but opened at $24.41. MS&AD Insurance Group shares last traded at $24.41, with a volume of 1,089 shares traded.

MS&AD Insurance Group Price Performance

The firm has a fifty day moving average price of $21.78 and a two-hundred day moving average price of $22.39. The stock has a market capitalization of $36.36 billion, a P/E ratio of 7.47 and a beta of 0.36. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.24 and a current ratio of 0.24.

MS&AD Insurance Group (OTCMKTS:MSADY) last announced its earnings results on Wednesday, November 19th. The insurance provider reported $1.27 earnings per share (EPS) for the quarter. MS&AD Insurance Group had a net margin of 9.93% and a return on equity of 17.00%. The company had revenue of $14.18 billion during the quarter. As a group, analysts expect that MS&AD Insurance Group Holdings Inc. will post 2.95 EPS for the current fiscal year.

MS&AD Insurance Group Company Profile

MS&AD Insurance Group Holdings, Inc, an insurance holding company, provides insurance and financial services worldwide. The company offers domestic non-life insurance; life insurance; international business; financial services; and provides risk-related services. The company was formerly known as Mitsui Sumitomo Insurance Group Holdings, Inc and changed its name to MS&AD Insurance Group Holdings, Inc in April 2010.