Tokio Marine (OTCMKTS:TKOMY) Shares Gap Down - What's Next?

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report)'s stock price 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.

Analysts Set New Price Targets

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

Tokio Marine Stock Performance

The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.04. The firm has a 50 day moving average price of $41.04 and a 200 day moving average price of $37.61. The stock has a market cap of $75.72 billion, a PE ratio of 10.91, a price-to-earnings-growth ratio of 0.68 and a beta of 0.27.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last issued its earnings results on Tuesday, May 20th. The company reported $0.55 earnings per share (EPS) 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 for the quarter. As a group, 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.