Tokio Marine (OTCMKTS:TKOMY) Shares Gap Down – What’s Next?

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) gapped down before the market opened on Monday . The stock had previously closed at $38.13, but opened at $36.69. Tokio Marine shares last traded at $36.79, with a volume of 1,334 shares.

Wall Street Analysts Forecast Growth

TKOMY has been the subject of several recent research reports. Wall Street Zen cut Tokio Marine from a “buy” rating to a “hold” rating in a research report on Thursday, November 27th. Zacks Research raised shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 23rd. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Tokio Marine presently has an average rating of “Hold”.

Tokio Marine Price Performance

The company has a current ratio of 0.04, a quick ratio of 0.05 and a debt-to-equity ratio of 0.04. The business’s 50 day moving average price is $37.43 and its two-hundred day moving average price is $40.42. The stock has a market cap of $71.70 billion, a P/E ratio of 13.58, a price-to-earnings-growth ratio of 0.68 and a beta of 0.19.

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

Tokio Marine Company Profile

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.