Tokio Marine (OTCMKTS:TKOMY) Shares Gap Up – Time to Buy?

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) gapped up before the market opened on Monday . The stock had previously closed at $35.27, but opened at $36.71. Tokio Marine shares last traded at $35.6475, with a volume of 24,351 shares traded.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Wall Street Zen cut Tokio Marine from a “buy” rating to a “hold” rating in a report on Thursday. 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 data from MarketBeat, the stock has an average rating of “Hold”.

Tokio Marine Stock Performance

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 stock’s 50 day moving average price is $39.08 and its 200 day moving average price is $40.95. The company has a market capitalization of $68.46 billion, a price-to-earnings ratio of 12.97, a P/E/G ratio of 0.63 and a beta of 0.19.

Tokio Marine (OTCMKTS:TKOMY) last issued its quarterly earnings results on Wednesday, November 19th. The company reported $0.79 EPS for the quarter. The firm had revenue of $14.24 billion during the quarter. Tokio Marine had a return on equity of 15.90% and a net margin of 9.67%. Analysts expect that Tokio Marine Holdings Inc. will post 3.51 earnings per share for the current year.

About Tokio Marine

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.