Tokio Marine (OTCMKTS:TKOMY) Hits New 52-Week High – Here’s Why

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $50.82 and last traded at $49.9860, with a volume of 81167 shares traded. The stock had previously closed at $44.5780.

Analyst Ratings Changes

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

Tokio Marine Price Performance

The stock has a fifty day moving average of $39.57 and a 200 day moving average of $39.11. The stock has a market cap of $90.41 billion, a price-to-earnings ratio of 16.94, a P/E/G ratio of 0.80 and a beta of 0.15. 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 issued its quarterly earnings results on Friday, February 13th. The company reported $0.75 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $12.87 billion. On average, analysts expect that Tokio Marine Holdings Inc. will post 3.51 EPS 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.