Tokio Marine (OTCMKTS:TKOMY) Sees Strong Trading Volume – Still a Buy?

Shares of Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) saw unusually-strong trading volume on Wednesday . Approximately 244,939 shares were traded during trading, an increase of 105% from the previous session’s volume of 119,294 shares.The stock last traded at $37.7650 and had previously closed at $37.65.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Zacks Research upgraded Tokio Marine from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 23rd. Wall Street Zen raised shares of Tokio Marine from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 2nd. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Tokio Marine has an average rating of “Hold”.

Tokio Marine Price Performance

The firm has a fifty day moving average of $41.06 and a two-hundred day moving average of $41.30. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $73.31 billion, a PE ratio of 10.41, a PEG ratio of 0.64 and a beta of 0.24.

Tokio Marine Company Profile

Tokio Marine Holdings, Inc, together with its subsidiaries, engages in non-life and life insurance, international insurance, and financial and general businesses worldwide. The company provides business, fire, Internet and mobile, rental housing, and natural catastrophe risk insurance services, as well as insurance for retail and corporate fields.