Tokio Marine (OTCMKTS:TKOMY) Shares Gap Down – What’s Next?

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $40.06, but opened at $38.79. Tokio Marine shares last traded at $40.31, with a volume of 5,622 shares changing hands.

Analysts Set New Price Targets

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

Tokio Marine Trading Up 0.6%

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 stock has a 50-day moving average price of $40.29 and a two-hundred day moving average price of $37.19. The stock has a market cap of $77.96 billion, a PE ratio of 11.23, a price-to-earnings-growth ratio of 0.66 and a beta of -1.33.

Tokio Marine (OTCMKTS:TKOMY) last released its quarterly earnings data on Tuesday, May 20th. The company reported $0.55 earnings per share (EPS) for the quarter. The business had revenue of $14.37 billion for the quarter. Tokio Marine had a return on equity of 22.30% and a net margin of 13.51%. Sell-side analysts forecast that Tokio Marine Holdings Inc. will post 3.51 earnings per share for the current fiscal 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.