Tokio Marine (OTCMKTS:TKOMY) Shares Gap Down - Should You Sell?

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $40.06, but opened at $38.79. Tokio Marine shares last traded at $40.31, with a volume of 5,622 shares traded.

Analyst Ratings Changes

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

Tokio Marine Trading Up 1.0%

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 market cap of $78.23 billion, a P/E ratio of 11.27, a price-to-earnings-growth ratio of 0.66 and a beta of 0.28. The business's 50 day moving average is $40.29 and its 200-day moving average is $37.19.

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. The business had revenue of $14.37 billion for the quarter. Tokio Marine had a net margin of 13.51% and a return on equity of 22.30%. As a group, analysts forecast that Tokio Marine Holdings Inc. will post 3.51 earnings per share 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.