Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) Short Interest Update

Key Points

• Tokio Marine Holdings Inc. experienced a significant increase in short interest, rising 440.7% in July, with a total of 691,500 shares shorted as of July 31st.
• The company's stock price reached $45.08, reflecting a 2.6% increase, while it boasts a market cap of $87.18 billion and a P/E ratio of 12.38.
• Analysts have upgraded Tokio Marine's rating from "hold" to "buy," indicating increased confidence in the company following its earnings report which showed an EPS of $0.71 and a net margin of 13.45%.

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 691,500 shares, agrowthof440.7% from the July 15th total of 127,900 shares. Based on an average daily volume of 308,200 shares, the days-to-cover ratio is presently 2.2 days. Approximately0.0% of the shares of the company are short sold. Approximately0.0% of the shares of the company are short sold. Based on an average daily volume of 308,200 shares, the days-to-cover ratio is presently 2.2 days.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on TKOMY shares. Wall Street Zen raised Tokio Marine from a "hold" rating to a "buy" rating in a report on Monday, August 11th. Nomura Securities raised Tokio Marine to a "hold" rating in a report on Tuesday, June 3rd. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Tokio Marine has an average rating of "Hold".

Tokio Marine Price Performance

OTCMKTS TKOMY traded down $0.63 during mid-day trading on Tuesday, hitting $43.82. The stock had a trading volume of 70,553 shares, compared to its average volume of 109,205. The firm's 50 day moving average is $41.25 and its 200 day moving average is $38.96. Tokio Marine has a twelve month low of $30.14 and a twelve month high of $46.23. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.06 and a quick ratio of 0.06. The stock has a market capitalization of $84.75 billion, a price-to-earnings ratio of 12.04, a PEG ratio of 0.78 and a beta of 0.29.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last issued its earnings results on Monday, August 4th. The company reported $0.71 earnings per share (EPS) for the quarter. The company had revenue of $13.32 billion during the quarter. Tokio Marine had a return on equity of 22.48% and a net margin of 13.45%. Equities research analysts forecast that Tokio Marine will post 3.51 earnings per share for the current fiscal year.

About Tokio Marine

Tokio Marine Holdings, Inc, together with its subsidiaries, engages in non-life and life insurance, international insurance, and financial and general businesses worldwide. The company provides business, fire, Internet and mobile, rental housing, and natural catastrophe risk insurance services, as well as insurance for retail and corporate fields.