Tokio Marine (OTCMKTS:TKOMY) Share Price Passes Above 50-Day Moving Average - Here's Why

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report)'s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $41.02 and traded as high as $42.20. Tokio Marine shares last traded at $42.07, with a volume of 55,264 shares changing hands.

Wall Street Analyst Weigh In

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

Tokio Marine Price Performance

The company has a debt-to-equity ratio of 0.04, a current ratio of 0.06 and a quick ratio of 0.06. The firm has a market cap of $78.19 billion, a PE ratio of 11.26, a price-to-earnings-growth ratio of 0.72 and a beta of 0.27. The firm has a 50-day simple moving average of $41.07 and a 200 day simple moving average of $37.97.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last announced its quarterly earnings data on Tuesday, May 20th. The company reported $0.55 EPS for the quarter. The business 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 analysts expect that Tokio Marine Holdings Inc. will post 3.51 EPS 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.