Tokio Marine (OTCMKTS:TKOMY) Sees Unusually-High Trading Volume – Here’s What Happened

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) shares saw an uptick in trading volume on Thursday . 471,097 shares changed hands during trading, an increase of 88% from the previous session’s volume of 250,248 shares.The stock last traded at $38.2950 and had previously closed at $38.26.

Wall Street Analysts Forecast Growth

TKOMY has been the subject of a number of analyst reports. Wall Street Zen downgraded Tokio Marine from a “buy” rating to a “hold” rating in a report on Thursday, November 27th. Zacks Research raised shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Tokio Marine presently has an average rating of “Hold”.

Tokio Marine Stock Performance

The company has a market capitalization of $76.33 billion, a price-to-earnings ratio of 14.46, a price-to-earnings-growth ratio of 0.67 and a beta of 0.17. The firm has a fifty day simple moving average of $37.24 and a 200 day simple moving average of $39.64. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.04 and a quick ratio of 0.05.

Tokio Marine (OTCMKTS:TKOMY) last announced its earnings results on Wednesday, November 19th. The company reported $0.79 earnings per share (EPS) for the quarter. The firm 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, analysts anticipate that Tokio Marine Holdings Inc. will post 3.51 earnings per share for the current fiscal year.

About Tokio Marine

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.