Tokio Marine (OTCMKTS:TKOMY) Sees Unusually-High Trading Volume - What's Next?

Key Points

• Tokio Marine Holdings Inc. experienced a 210% increase in trading volume, with 334,280 shares traded on Monday, compared to the previous session's 107,661 shares.
• Analysts have downgraded the company's ratings, with Wall Street Zen changing its stance from "strong-buy" to "buy" and Zacks Research moving from "hold" to "strong sell," resulting in a consensus rating of "Reduce."
• The company reported $0.71 earnings per share (EPS) for its latest quarter, with expectations of an EPS of 3.51 for the current fiscal year.

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report) saw strong trading volume on Monday . 334,280 shares changed hands during mid-day trading, an increase of 210% from the previous session's volume of 107,661 shares.The stock last traded at $40.39 and had previously closed at $40.34.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Wall Street Zen cut Tokio Marine from a "strong-buy" rating to a "buy" rating in a research report on Sunday. Zacks Research cut Tokio Marine from a "hold" rating to a "strong sell" rating in a research report on Tuesday, August 26th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Reduce".

Tokio Marine Trading Down 0.0%

The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.05. The stock has a 50 day simple moving average of $42.91 and a 200-day simple moving average of $40.97. The firm has a market cap of $78.00 billion, a P/E ratio of 11.08, a P/E/G ratio of 0.71 and a beta of 0.24.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The company reported $0.71 earnings per share (EPS) for the quarter. Tokio Marine had a return on equity of 22.49% and a net margin of 13.45%.The business had revenue of $13.32 billion for the quarter. On average, equities research analysts expect that Tokio Marine Holdings Inc. will post 3.51 EPS for the current fiscal 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.

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