MS&AD Insurance Group Holdings, Inc. (OTCMKTS:MSADY - Get Free Report) was the target of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 12,300 shares, a drop of 63.5% from the May 15th total of 33,700 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 127,700 shares, the short-interest ratio is currently 0.1 days.
Analyst Upgrades and Downgrades
Separately, Nomura Securities raised MS&AD Insurance Group to a "hold" rating in a research report on Tuesday, June 3rd.
Check Out Our Latest Stock Report on MS&AD Insurance Group
MS&AD Insurance Group Stock Performance
MSADY traded down $0.05 during trading on Monday, reaching $22.56. 100,601 shares of the company's stock were exchanged, compared to its average volume of 87,483. The company's fifty day simple moving average is $22.28 and its 200-day simple moving average is $21.74. The stock has a market capitalization of $36.29 billion, a P/E ratio of 7.70 and a beta of 0.42. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.26 and a quick ratio of 0.26. MS&AD Insurance Group has a 1 year low of $17.78 and a 1 year high of $24.74.
MS&AD Insurance Group (OTCMKTS:MSADY - Get Free Report) last posted its quarterly earnings results on Tuesday, May 20th. The insurance provider reported $0.34 EPS for the quarter. The business had revenue of $9.39 billion during the quarter. As a group, research analysts predict that MS&AD Insurance Group will post 2.95 earnings per share for the current fiscal year.
MS&AD Insurance Group Company Profile
(
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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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