MS&AD Insurance Group (OTCMKTS:MSADY) Sees Strong Trading Volume - Should You Buy?

Key Points

• MS&AD Insurance Group experienced a significant 40% increase in trading volume, with 111,792 shares traded, and the stock price rose to $22.87 from a previous close of $22.59.
• Analyst ratings show a hold rating from Nomura Securities and a consensus rating of "Hold," indicating a cautious outlook for the stock.
• Despite missing earnings expectations with $0.96 EPS against a consensus of $1.00, the company reported better-than-expected revenue of $13.98 billion for the quarter.

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY - Get Free Report) saw strong trading volume on Tuesday . 111,792 shares were traded during mid-day trading, an increase of 40% from the previous session's volume of 79,625 shares.The stock last traded at $22.87 and had previously closed at $22.59.

Analyst Ratings Changes

Separately, Nomura Securities upgraded MS&AD Insurance Group to a "hold" rating in a report on Tuesday, June 3rd. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of "Hold".

MS&AD Insurance Group Trading Down 0.7%

The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.24 and a current ratio of 0.24. The company has a 50 day moving average of $23.08 and a two-hundred day moving average of $22.38. The stock has a market cap of $36.08 billion, a PE ratio of 7.19 and a beta of 0.39.

MS&AD Insurance Group (OTCMKTS:MSADY - Get Free Report) last announced its quarterly earnings results on Friday, August 8th. The insurance provider reported $0.96 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.04). MS&AD Insurance Group had a net margin of 10.57% and a return on equity of 16.56%. The business had revenue of $13.98 billion during the quarter, compared to analysts' expectations of $12.90 billion. MS&AD Insurance Group has set its FY 2025 guidance at 2.670-2.670 EPS. Sell-side analysts anticipate 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

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.

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.