Tokio Marine (OTCMKTS:TKOMY) Shares Gap Up - Should You Buy?

Key Points

• Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) saw its shares open at $42.27 after a previous close of $40.28, with a last traded price of $40.47 and a trading volume of 155,765 shares.
• Analysts at Nomura Securities have upgraded Tokio Marine to a "hold" rating, suggesting a more cautious outlook on the stock's performance.
• The company reported a net margin of 13.51% and a return on equity of 22.30%, contributing to its strong financial profile.

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $40.28, but opened at $42.27. Tokio Marine shares last traded at $40.47, with a volume of 155,765 shares.

Analyst Ratings Changes

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

Tokio Marine Stock Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.06 and a current ratio of 0.06. The stock has a market cap of $79.05 billion, a PE ratio of 11.39, a PEG ratio of 0.71 and a beta of 0.27. The stock has a fifty day simple moving average of $41.10 and a two-hundred day simple moving average of $38.12.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last posted its quarterly 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%. Equities analysts anticipate 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.