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

Shares of Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) passed below its fifty day moving average during trading on Monday . The stock has a fifty 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 traded.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on TKOMY. Wall Street Zen lowered shares of Tokio Marine from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Zacks Research lowered shares of Tokio Marine from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 26th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

Tokio Marine Price Performance

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

Tokio Marine (OTCMKTS:TKOMY) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.71 earnings per share (EPS) for the quarter. Tokio Marine had a net margin of 13.45% and a return on equity of 22.49%. The firm had revenue of $13.32 billion for the quarter. As a group, sell-side analysts expect that Tokio Marine Holdings Inc. will post 3.51 EPS 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.