MS&AD Insurance Group (OTCMKTS:MSADY) Stock Crosses Below 200 Day Moving Average - Should You Sell?

Key Points

• MS&AD Insurance Group's stock price has fallen below the 200-day moving average of $22.38, closing at $22.35 with a trading volume of 42,675 shares.
• The company reported earnings of $0.96 per share for the last quarter, missing estimates of $1.00, although revenue surpassed expectations at $13.98 billion.
• MS&AD Insurance Group has a market cap of $35.95 billion and is projecting an EPS of 2.95 for the current fiscal year.

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY - Get Free Report)'s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $22.38 and traded as low as $22.28. MS&AD Insurance Group shares last traded at $22.35, with a volume of 42,675 shares changing hands.

MS&AD Insurance Group Price Performance

The company has a 50 day moving average price of $23.14 and a 200-day moving average price of $22.38. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.14. The company has a market cap of $35.95 billion, a price-to-earnings ratio of 7.16 and a beta of 0.38.

MS&AD Insurance Group (OTCMKTS:MSADY - Get Free Report) last released its quarterly earnings data on Friday, August 8th. The insurance provider reported $0.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.04). The firm had revenue of $13.98 billion during the quarter, compared to analyst estimates 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. As a group, equities research analysts predict that MS&AD Insurance Group Holdings Inc. will post 2.95 EPS 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.