MS&AD Insurance Group Holdings, Inc. (OTCMKTS:MSADY - Get Free Report) was the target of a large drop in short interest in October. As of October 15th, there was short interest totalling 11,300 shares, a drop of 26.1% from the September 30th total of 15,300 shares. Based on an average daily trading volume, of 67,600 shares, the days-to-cover ratio is currently 0.2 days.
MS&AD Insurance Group Price Performance
Shares of MSADY stock traded down $0.25 during trading hours on Friday, hitting $22.05. The stock had a trading volume of 28,262 shares, compared to its average volume of 142,442. The stock's 50-day moving average price is $22.96 and its two-hundred day moving average price is $21.35. MS&AD Insurance Group has a one year low of $11.73 and a one year high of $24.62. The stock has a market capitalization of $35.47 billion, a price-to-earnings ratio of 15.19 and a beta of 0.49. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.26 and a quick ratio of 0.26.
MS&AD Insurance Group (OTCMKTS:MSADY - Get Free Report) last posted its earnings results on Friday, August 9th. The insurance provider reported $0.94 EPS for the quarter. The firm had revenue of $12.43 billion for the quarter. Equities analysts forecast that MS&AD Insurance Group will post 2.7 EPS for the current year.
About MS&AD Insurance Group
(
Get Free Report)
MS&AD Insurance Group Holdings, Inc, an insurance holding company, provides insurance and financial services worldwide. The company offers domestic non-life insurance; life insurance; international business; financial services; and provides risk-related services. The company was formerly known as Mitsui Sumitomo Insurance Group Holdings, Inc and changed its name to MS&AD Insurance Group Holdings, Inc in April 2010.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider MS&AD Insurance Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MS&AD Insurance Group wasn't on the list.
While MS&AD Insurance Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.