Tokio Marine (OTCMKTS:TKOMY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) saw strong trading volume on Wednesday . 467,744 shares were traded during trading, an increase of 187% from the previous session’s volume of 162,792 shares.The stock last traded at $37.25 and had previously closed at $37.55.

Wall Street Analyst Weigh In

Several analysts have commented on TKOMY shares. Zacks Research cut shares of Tokio Marine from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 25th. Wall Street Zen downgraded Tokio Marine from a “buy” rating to a “hold” rating in a research report on Thursday, November 27th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

Tokio Marine Stock Performance

The business’s fifty day moving average price is $36.83 and its two-hundred day moving average price is $39.77. 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 stock has a market capitalization of $71.52 billion, a P/E ratio of 13.55, a P/E/G ratio of 0.65 and a beta of 0.18.

Tokio Marine (OTCMKTS:TKOMY) last released its quarterly earnings results on Wednesday, November 19th. The company reported $0.79 EPS for the quarter. Tokio Marine had a return on equity of 15.81% and a net margin of 9.67%.The company had revenue of $14.24 billion during the quarter. As a group, sell-side analysts forecast that Tokio Marine Holdings Inc. will post 3.51 earnings per share 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.