Tokio Marine (OTCMKTS:TKOMY) Shares Gap Up – Time to Buy?

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $41.20, but opened at $43.34. Tokio Marine shares last traded at $43.34, with a volume of 1,732 shares.

Analyst Ratings Changes

Several analysts have commented on the stock. Zacks Research raised shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Wall Street Zen downgraded Tokio Marine from a “buy” rating to a “hold” rating in a research note on Thursday, November 27th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Tokio Marine Trading Up 1.7%

The firm has a market capitalization of $81.03 billion, a PE ratio of 15.18, a price-to-earnings-growth ratio of 0.73 and a beta of 0.17. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.04 and a quick ratio of 0.05. The stock’s 50-day moving average price is $38.24 and its 200 day moving average price is $39.65.

Tokio Marine (OTCMKTS:TKOMY) last issued its quarterly earnings results on Friday, February 13th. The company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.52 by $0.23. The firm had revenue of $15.11 billion during the quarter, compared to analysts’ expectations of $12.87 billion. Tokio Marine had a return on equity of 15.81% and a net margin of 9.29%. On average, sell-side analysts expect that Tokio Marine Holdings Inc. will post 3.51 EPS 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.