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

Shares of Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $41.69, but opened at $43.50. Tokio Marine shares last traded at $42.14, with a volume of 9,638 shares traded.

Analyst Ratings Changes

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

Tokio Marine Trading Up 0.3%

The firm has a market capitalization of $81.94 billion, a PE ratio of 11.80, a PEG ratio of 0.70 and a beta of -1.33. The company's 50-day moving average price is $40.69 and its 200-day moving average price is $37.28. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.06 and a current ratio of 0.06.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last posted its earnings results on Tuesday, May 20th. The company reported $0.55 earnings per share for the quarter. Tokio Marine had a return on equity of 22.30% and a net margin of 13.51%. The firm had revenue of $14.37 billion during the quarter. On average, sell-side analysts expect 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.