Tokio Marine (OTCMKTS:TKOMY) Shares Gap Down - Here's What Happened

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $39.66, but opened at $38.80. Tokio Marine shares last traded at $39.42, with a volume of 23,121 shares traded.

Analyst Upgrades and Downgrades

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

Tokio Marine Price Performance

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 stock has a market capitalization of $75.72 billion, a price-to-earnings ratio of 10.91, a PEG ratio of 0.68 and a beta of 0.27. The stock has a fifty day moving average of $41.04 and a two-hundred day moving average of $37.61.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last announced 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 return on equity of 22.30% and a net margin of 13.51%. As a group, equities research analysts forecast that Tokio Marine Holdings Inc. will post 3.51 earnings per share for the current 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.