Tokio Marine (OTCMKTS:TKOMY) Shares Cross Above Fifty Day Moving Average - Here's What Happened

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $40.19 and traded as high as $41.38. Tokio Marine shares last traded at $39.60, with a volume of 62,815 shares trading hands.

Analysts Set New Price Targets

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

Tokio Marine Stock 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 company has a fifty day moving average price of $40.29 and a 200 day moving average price of $37.19. The stock has a market cap of $78.23 billion, a P/E ratio of 11.27, a P/E/G ratio of 0.66 and a beta of -1.33.

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 (EPS) for the quarter. Tokio Marine had a net margin of 13.51% and a return on equity of 22.30%. The business had revenue of $14.37 billion during the quarter. On average, equities analysts expect that Tokio Marine Holdings Inc. will post 3.51 EPS for the current year.

About Tokio Marine

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.