MS&AD Insurance Group (OTCMKTS:MSADY) Shares Gap Up - Here's What Happened

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY - Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $21.13, but opened at $22.03. MS&AD Insurance Group shares last traded at $21.39, with a volume of 1,929 shares changing hands.

Analyst Ratings Changes

Separately, Nomura Securities upgraded shares of MS&AD Insurance Group to a "hold" rating in a research note on Tuesday, June 3rd.

MS&AD Insurance Group Trading Up 0.9%

The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.15. The business's 50 day moving average is $22.49 and its 200-day moving average is $21.66. The firm has a market cap of $33.82 billion, a P/E ratio of 7.18 and a beta of 0.38.

MS&AD Insurance Group (OTCMKTS:MSADY - Get Free Report) last issued its quarterly earnings results on Tuesday, May 20th. The insurance provider reported $0.34 earnings per share (EPS) for the quarter. The business had revenue of $9.39 billion during the quarter. MS&AD Insurance Group had a net margin of 10.42% and a return on equity of 16.56%. As a group, 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

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.