Tokio Marine (OTCMKTS:TKOMY) Stock Crosses Below Fifty Day Moving Average - Here's Why

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report)'s share price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $41.03 and traded as low as $39.00. Tokio Marine shares last traded at $39.46, with a volume of 159,170 shares.

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 Price Performance

The stock has a market cap of $76.33 billion, a PE ratio of 10.99, a P/E/G ratio of 0.69 and a beta of 0.27. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.04. The company's 50 day moving average is $41.01 and its 200-day moving average is $37.72.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last released its earnings results on Tuesday, May 20th. The company reported $0.55 earnings per share for the quarter. The company had revenue of $14.37 billion during the quarter. Tokio Marine had a net margin of 13.51% and a return on equity of 22.30%. As a group, sell-side analysts predict that Tokio Marine Holdings Inc. will post 3.51 earnings per share 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.