Tokio Marine (OTCMKTS:TKOMY) Shares Gap Down – Here’s What Happened

Shares of 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 Analyst Weigh In

Several research analysts recently commented on TKOMY shares. Zacks Research upgraded shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a report on Thursday, October 23rd. Wall Street Zen downgraded Tokio Marine from a “buy” rating to a “hold” rating in a research note on Thursday, November 27th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Tokio Marine Stock Down 2.8%

The company has a market capitalization of $71.70 billion, a P/E ratio of 13.58, a PEG ratio of 0.68 and a beta of 0.19. 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 stock has a 50 day moving average price of $37.43 and a 200 day moving average price of $40.42.

Tokio Marine (OTCMKTS:TKOMY) last released its quarterly earnings results on Wednesday, November 19th. The company reported $0.79 earnings per share for the quarter. The company had revenue of $14.24 billion for the quarter. Tokio Marine had a return on equity of 15.81% and a net margin of 9.67%. On average, research analysts anticipate 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.