MS&AD Insurance Group (OTCMKTS:MSADY) Shares Gap Up – Still a Buy?

Shares of MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) gapped up prior to trading on Tuesday . The stock had previously closed at $25.42, but opened at $27.90. MS&AD Insurance Group shares last traded at $27.18, with a volume of 4,124 shares.

MS&AD Insurance Group Stock Performance

The stock’s fifty day moving average is $25.71 and its two-hundred day moving average is $24.60. The firm has a market cap of $41.63 billion, a price-to-earnings ratio of 8.53 and a beta of 0.34.

MS&AD Insurance Group (OTCMKTS:MSADY) last released its quarterly earnings data on Friday, February 13th. The insurance provider reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.42. MS&AD Insurance Group had a net margin of 9.90% and a return on equity of 17.40%. The business had revenue of $11.75 billion for the quarter, compared to analysts’ expectations of $12.83 billion.

About MS&AD Insurance Group

MS&AD Insurance Group (OTCMKTS:MSADY) is a Tokyo-based insurance holding company that operates primarily in property and casualty insurance while also offering life, reinsurance and risk management services. The group underwrites a broad range of commercial and personal insurance products designed to protect against motor, fire, marine, casualty, liability and specialty risks, and it provides related services such as claims handling, underwriting, and loss-prevention consulting.

The group’s operating structure comprises multiple subsidiaries that serve distinct market functions, including well-known domestic insurers such as Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance, along with affiliated businesses that provide reinsurance, asset management and risk consulting services.