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

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) shares gapped up prior to trading on Monday . The stock had previously closed at $23.39, but opened at $24.41. MS&AD Insurance Group shares last traded at $24.41, with a volume of 1,089 shares traded.

MS&AD Insurance Group Trading Down 2.4%

The stock has a market capitalization of $35.52 billion, a P/E ratio of 7.30 and a beta of 0.36. The stock’s 50 day moving average price is $21.86 and its 200-day moving average price is $22.40. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.14.

MS&AD Insurance Group (OTCMKTS:MSADY) last issued its quarterly earnings data on Wednesday, November 19th. The insurance provider reported $1.27 EPS for the quarter. The company had revenue of $14.18 billion during the quarter. MS&AD Insurance Group had a net margin of 9.93% and a return on equity of 17.00%. As a group, equities research analysts expect that MS&AD Insurance Group Holdings Inc. will post 2.95 earnings per share for the current year.

MS&AD Insurance Group Company Profile

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.