Tokio Marine (OTCMKTS:TKOMY) Stock Price Passes Above 50 Day Moving Average - Here's What Happened

Tokio Marine Holdings, Inc. Sponsored ADR (OTCMKTS:TKOMY - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $38.69 and traded as high as $43.93. Tokio Marine shares last traded at $43.14, with a volume of 39,335 shares.

Analysts Set New Price Targets

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

Tokio Marine Stock Up 0.6%

The business has a fifty day simple moving average of $38.93 and a 200 day simple moving average of $36.93. The firm has a market cap of $83.72 billion, a price-to-earnings ratio of 11.86, a PEG ratio of 0.54 and a beta of -1.33. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.05 and a quick ratio of 0.05.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last announced its earnings results on Tuesday, May 20th. The company reported $0.55 EPS for the quarter. Tokio Marine had a return on equity of 22.24% and a net margin of 14.38%. The business had revenue of $14.37 billion during the quarter. As a group, equities analysts forecast that Tokio Marine Holdings, Inc. Sponsored ADR 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.