Tokio Marine (OTCMKTS:TKOMY) Stock Crosses Above Fifty Day Moving Average of $51.63

Tokio Marine Holdings, Inc. Sponsored ADR (OTCMKTS:TKOMY)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $51.63 and traded as high as $54.55. Tokio Marine shares last traded at $54.02, with a volume of 12,732 shares trading hands.

Separately, Zacks Investment Research upgraded shares of Tokio Marine from a “sell” rating to a “hold” rating in a report on Wednesday, August 11th.

The company has a market capitalization of $37.37 billion, a price-to-earnings ratio of 18.12 and a beta of 0.55. The company’s 50 day simple moving average is $51.85 and its 200-day simple moving average is $49.28. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 4.72.

Tokio Marine (OTCMKTS:TKOMY) last released its earnings results on Friday, August 6th. The company reported $2.10 earnings per share (EPS) for the quarter. Tokio Marine had a net margin of 3.98% and a return on equity of 6.49%. The business had revenue of $13.30 billion for the quarter. Sell-side analysts anticipate that Tokio Marine Holdings, Inc. Sponsored ADR will post 3.96 EPS for the current year.

About Tokio Marine (OTCMKTS:TKOMY)

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.

Further Reading: Penny Stocks, What You Need To Know

Receive News & Ratings for Tokio Marine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tokio Marine and related companies with MarketBeat.com's FREE daily email newsletter.