Tokio Marine (OTCMKTS:TKOMY) Shares Gap Up – Should You Buy?

Shares of Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) gapped up before the market opened on Monday . The stock had previously closed at $37.07, but opened at $38.00. Tokio Marine shares last traded at $37.4510, with a volume of 9,610 shares traded.

Analysts Set New Price Targets

Several research firms have issued reports on TKOMY. Zacks Research downgraded shares of Tokio Marine from a “hold” rating to a “strong sell” rating in a report on Thursday. Wall Street Zen lowered Tokio Marine from a “buy” rating to a “hold” rating in a research note on Thursday, November 27th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Tokio Marine Trading Up 0.8%

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 company has a fifty day simple moving average of $37.06 and a 200-day simple moving average of $40.23. The company has a market capitalization of $72.30 billion, a PE ratio of 13.69, a PEG ratio of 0.66 and a beta of 0.19.

Tokio Marine (OTCMKTS:TKOMY) last issued its earnings results on Wednesday, November 19th. The company reported $0.79 EPS for the quarter. The company had revenue of $14.24 billion for the quarter. Tokio Marine had a net margin of 9.67% and a return on equity of 15.81%. Analysts predict that Tokio Marine Holdings Inc. will post 3.51 EPS for the current 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.