MS&AD Insurance Group (OTCMKTS:MSADY) Shares Gap Up – Time to Buy?

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) gapped up prior to trading on Monday . The stock had previously closed at $23.39, but opened at $24.41. MS&AD Insurance Group shares last traded at $24.41, with a volume of 1,089 shares trading hands.

MS&AD Insurance Group Stock Performance

The stock has a 50 day moving average of $21.78 and a 200 day moving average of $22.39. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $36.36 billion, a price-to-earnings ratio of 7.47 and a beta of 0.36.

MS&AD Insurance Group (OTCMKTS:MSADY) last posted its quarterly earnings results on Wednesday, November 19th. The insurance provider reported $1.27 earnings per share (EPS) for the quarter. MS&AD Insurance Group had a net margin of 9.93% and a return on equity of 17.00%. The business had revenue of $14.18 billion during the quarter. As a group, analysts predict that MS&AD Insurance Group Holdings Inc. will post 2.95 EPS for the current year.

MS&AD Insurance Group Company Profile

MS&AD Insurance Group Holdings, Inc, an insurance holding company, provides insurance and financial services worldwide. The company offers domestic non-life insurance; life insurance; international business; financial services; and provides risk-related services. The company was formerly known as Mitsui Sumitomo Insurance Group Holdings, Inc and changed its name to MS&AD Insurance Group Holdings, Inc in April 2010.