Tokio Marine (OTCMKTS:TKOMY) Shares Gap Down – Time to Sell?

Shares of Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) gapped down before the market opened on Monday . The stock had previously closed at $36.91, but opened at $36.00. Tokio Marine shares last traded at $37.5650, with a volume of 28,188 shares.

Wall Street Analysts Forecast Growth

TKOMY has been the topic of a number of research analyst reports. Wall Street Zen cut Tokio Marine from a “buy” rating to a “hold” rating in a research report on Thursday, November 27th. Zacks Research upgraded Tokio Marine from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Tokio Marine presently has a consensus rating of “Hold”.

Tokio Marine Stock Performance

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 market cap of $72.60 billion, a price-to-earnings ratio of 13.60, a PEG ratio of 0.61 and a beta of 0.15. The stock’s 50 day moving average is $39.02 and its two-hundred day moving average is $39.18.

Tokio Marine (OTCMKTS:TKOMY) last posted its quarterly earnings data on Friday, February 13th. The company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. Tokio Marine had a net margin of 9.29% and a return on equity of 15.71%. The company had revenue of $15.11 billion for the quarter, compared to analyst estimates of $12.87 billion. 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.