MS&AD Insurance Group (OTCMKTS:MSADY) Sees Unusually-High Trading Volume - Here's What Happened

Key Points

• MS&AD Insurance Group experienced an unusual spike in trading volume, with 628,468 shares traded, representing a 656% increase from the previous session's 83,119 shares.
• The company reported a quarterly earnings per share (EPS) of $0.96, falling short of analyst expectations of $1.00, despite exceeding revenue estimates with $13.98 billion.
• With a current market capitalization of $35.66 billion, MS&AD has a P/E ratio of 7.11 and is predicting an EPS of 2.95 for the current year.

Shares of MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY - Get Free Report) saw an uptick in trading volume on Wednesday . 628,468 shares changed hands during mid-day trading, an increase of 656% from the previous session's volume of 83,119 shares.The stock last traded at $22.25 and had previously closed at $21.87.

MS&AD Insurance Group Trading Up 1.4%

The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $35.66 billion, a P/E ratio of 7.11 and a beta of 0.38. The business has a 50 day moving average price of $23.18 and a 200 day moving average price of $22.36.

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 EPS for the quarter, missing analysts' consensus estimates of $1.00 by ($0.04). The company had revenue of $13.98 billion during the quarter, compared to the consensus estimate of $12.90 billion. MS&AD Insurance Group had a net margin of 10.57% and a return on equity of 16.56%. MS&AD Insurance Group has set its FY 2025 guidance at 2.670-2.670 EPS. Analysts anticipate that MS&AD Insurance Group Holdings Inc. will post 2.95 EPS for the current year.

About MS&AD Insurance Group

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.

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