Tokio Marine (OTCMKTS:TKOMY) Shares Cross Below 50 Day Moving Average – Time to Sell?

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $42.86 and traded as low as $39.69. Tokio Marine shares last traded at $40.33, with a volume of 762,959 shares trading hands.

Analysts Set New Price Targets

TKOMY has been the topic of several research reports. Zacks Research downgraded shares of Tokio Marine from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 26th. Wall Street Zen downgraded shares of Tokio Marine from a “strong-buy” rating to a “buy” rating in a report on Sunday. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Tokio Marine Price Performance

The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.05. The company’s 50 day moving average is $42.86 and its 200 day moving average is $41.01. The firm has a market capitalization of $78.00 billion, a price-to-earnings ratio of 11.08, a P/E/G ratio of 0.71 and a beta of 0.24.

Tokio Marine (OTCMKTS:TKOMY) last released its quarterly earnings results on Monday, August 4th. The company reported $0.71 EPS for the quarter. Tokio Marine had a net margin of 13.45% and a return on equity of 22.49%. The business had revenue of $13.32 billion for the quarter. On average, equities research analysts anticipate that Tokio Marine Holdings Inc. will post 3.51 earnings per share 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.