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

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) gapped down prior to trading on Friday . The stock had previously closed at $39.07, but opened at $37.33. Tokio Marine shares last traded at $37.33, with a volume of 851 shares trading hands.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Tokio Marine from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 19th. Zacks Research upgraded shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a research note on Thursday. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Tokio Marine has an average rating of “Hold”.

Tokio Marine Stock Down 0.8%

The company has a debt-to-equity ratio of 0.05, a current ratio of 0.05 and a quick ratio of 0.05. The firm’s 50-day simple moving average is $42.47 and its two-hundred day simple moving average is $41.12. The company has a market capitalization of $75.50 billion, a price-to-earnings ratio of 10.73, a price-to-earnings-growth ratio of 0.69 and a beta of 0.24.

Tokio Marine (OTCMKTS:TKOMY) last issued its earnings results on Monday, August 4th. The company reported $0.71 earnings per share for the quarter. Tokio Marine had a net margin of 13.45% and a return on equity of 22.49%. The company had revenue of $13.32 billion for the quarter. Sell-side analysts predict that Tokio Marine Holdings Inc. will post 3.51 EPS for the current fiscal year.

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.