Tokio Marine (OTCMKTS:TKOMY) Sees Strong Trading Volume – Still a Buy?

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) shares saw unusually-strong trading volume on Monday . Approximately 191,537 shares were traded during trading, an increase of 10% from the previous session’s volume of 174,108 shares.The stock last traded at $48.47 and had previously closed at $48.11.

Wall Street Analyst Weigh In

A number of research firms recently commented on TKOMY. Zacks Research raised Tokio Marine from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Berenberg Bank upgraded shares of Tokio Marine to a “strong-buy” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Tokio Marine Stock Performance

The firm has a market cap of $93.61 billion, a price-to-earnings ratio of 17.54 and a beta of 0.06. The business has a fifty day simple moving average of $43.73 and a 200-day simple moving average of $39.95.

Tokio Marine (OTCMKTS:TKOMY) last announced its quarterly earnings results on Friday, February 13th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.23. The firm had revenue of $15.11 billion during the quarter, compared to analysts’ expectations of $12.87 billion. Tokio Marine had a net margin of 9.29% and a return on equity of 15.71%. On average, equities analysts anticipate that Tokio Marine Holdings Inc. will post 4.13 earnings per share for the current year.

Tokio Marine Company Profile

Tokio Marine is a Tokyo?headquartered insurance group with roots in the late 19th century and is one of Japan’s largest insurers. The company operates through a network of subsidiaries and affiliates to provide a broad suite of insurance and risk?management services. Tokio Marine’s operations encompass both life and non?life insurance businesses and are organized to serve individual policyholders, commercial clients and institutional customers.

The group’s core products and services include property & casualty insurance—covering commercial and personal lines such as fire, automobile, marine and casualty—specialty insurance solutions, reinsurance and life and health insurance.