Tokio Marine (OTCMKTS:TKOMY) Share Price Passes Above 50-Day Moving Average - Here's Why

Tokio Marine Holdings, Inc. Sponsored ADR (OTCMKTS:TKOMY - Get Free Report)'s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $35.28 and traded as high as $40.19. Tokio Marine shares last traded at $39.91, with a volume of 58,686 shares changing hands.

Tokio Marine Stock Performance

The stock has a 50 day moving average price of $35.52 and a two-hundred day moving average price of $36.33. The company has a market cap of $78.03 billion, a price-to-earnings ratio of 10.82, a P/E/G ratio of 0.54 and a beta of -1.00. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.05.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last released its quarterly earnings results on Friday, February 14th. The company reported $0.71 earnings per share for the quarter. The firm had revenue of $12.52 billion during the quarter. Tokio Marine had a return on equity of 22.24% and a net margin of 14.38%. Analysts predict that Tokio Marine Holdings, Inc. Sponsored ADR will post 3.51 EPS for the current 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.