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 target of a significant growth in short interest during 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. Approximately0.0% of the shares of the company are sold short. Based on an average daily volume of 308,200 shares, the short-interest ratio is currently 2.2 days. Based on an average daily volume of 308,200 shares, the short-interest ratio is currently 2.2 days. Approximately0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Several research firms have recently commented on TKOMY. Wall Street Zen raised Tokio Marine from a "hold" rating to a "buy" rating in a research note on Monday, August 11th. Nomura Securities raised Tokio Marine to a "hold" rating in a research note on Tuesday, June 3rd.

Tokio Marine Price Performance

OTCMKTS TKOMY traded down $0.66 during trading on Monday, hitting $44.42. 39,893 shares of the stock traded hands, compared to its average volume of 109,426. The company has a market capitalization of $85.91 billion, a P/E ratio of 12.20, a price-to-earnings-growth ratio of 0.78 and a beta of 0.29. The firm has a 50-day simple moving average of $41.22 and a 200-day simple moving average of $38.88. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.04. Tokio Marine has a 12-month low of $30.14 and a 12-month high of $46.23.

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

Tokio Marine Company Profile

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.