Tokio Marine (OTCMKTS:TKOMY) Sees Strong Trading Volume - Should You Buy?

Key Points

• Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) experienced a 96% increase in trading volume, reaching approximately 216,394 shares traded on Friday.
• The stock is currently priced at $41.40, down 2.5% from its previous close of $42.33.
• Nomura Securities recently upgraded the company's rating to "hold" on June 3rd.
• Tokio Marine reported earnings of $0.55 per share for its last quarter, with a revenue of $14.37 billion and a return on equity of 22.30%.

Shares of Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 216,394 shares changed hands during trading, an increase of 96% from the previous session's volume of 110,234 shares.The stock last traded at $41.40 and had previously closed at $42.33.

Analysts Set New Price Targets

Separately, Nomura Securities raised shares of Tokio Marine to a "hold" rating in a research note on Tuesday, June 3rd.

Tokio Marine Stock Down 0.3%

The company has a market cap of $77.92 billion, a P/E ratio of 11.22, a P/E/G ratio of 0.72 and a beta of 0.27. 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 company's 50-day moving average is $41.06 and its two-hundred day moving average is $38.02.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last announced its quarterly earnings results on Tuesday, May 20th. The company reported $0.55 earnings per share for the quarter. Tokio Marine had a net margin of 13.51% and a return on equity of 22.30%. The company had revenue of $14.37 billion during the quarter. As a group, equities analysts predict that Tokio Marine Holdings Inc. 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.