MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY - Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 214,000 shares changed hands during mid-day trading, an increase of 145% from the previous session's volume of 87,338 shares.The stock last traded at $22.34 and had previously closed at $22.11.
Wall Street Analyst Weigh In
Separately, Nomura Securities upgraded MS&AD Insurance Group to a "hold" rating in a research report on Tuesday, June 3rd.
Check Out Our Latest Analysis on MSADY
MS&AD Insurance Group Stock Performance
The stock has a market capitalization of $35.71 billion, a price-to-earnings ratio of 7.58 and a beta of 0.42. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.25 and a current ratio of 0.25. The firm's 50 day moving average is $22.41 and its 200-day moving average is $21.74.
MS&AD Insurance Group (OTCMKTS:MSADY - Get Free Report) last posted its earnings results on Tuesday, May 20th. The insurance provider reported $0.34 EPS for the quarter. The firm had revenue of $9.39 billion for the quarter. MS&AD Insurance Group had a return on equity of 16.56% and a net margin of 10.42%. Analysts forecast that MS&AD Insurance Group Holdings Inc. will post 2.95 earnings per share for the current fiscal year.
MS&AD Insurance Group Company Profile
(
Get Free Report)
MS&AD Insurance Group Holdings, Inc, an insurance holding company, provides insurance and financial services worldwide. The company offers domestic non-life insurance; life insurance; international business; financial services; and provides risk-related services. The company was formerly known as Mitsui Sumitomo Insurance Group Holdings, Inc and changed its name to MS&AD Insurance Group Holdings, Inc in April 2010.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider MS&AD Insurance Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MS&AD Insurance Group wasn't on the list.
While MS&AD Insurance Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
