Tokio Marine (OTCMKTS:TKOMY) Downgraded by Zacks Research to “Strong Sell”

Zacks Research lowered shares of Tokio Marine (OTCMKTS:TKOMY) from a hold rating to a strong sell rating in a report issued on Thursday,Zacks.com reports.

Separately, Wall Street Zen lowered shares of Tokio Marine from a “buy” rating to a “hold” rating in a report on Thursday, November 27th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce”.

Tokio Marine Stock Performance

Shares of TKOMY stock opened at $37.07 on Thursday. Tokio Marine has a 12 month low of $30.14 and a 12 month high of $46.23. The stock has a market cap of $71.69 billion, a PE ratio of 13.58, a price-to-earnings-growth ratio of 0.66 and a beta of 0.19. The company has a current ratio of 0.04, a quick ratio of 0.05 and a debt-to-equity ratio of 0.04. The company’s fifty day moving average price is $37.06 and its 200-day moving average price is $40.26.

Tokio Marine (OTCMKTS:TKOMY) last posted its quarterly earnings data on Wednesday, November 19th. The company reported $0.79 earnings per share for the quarter. The company had revenue of $14.24 billion during the quarter. Tokio Marine had a return on equity of 15.81% and a net margin of 9.67%. On average, equities analysts expect that Tokio Marine will post 3.51 EPS for the current fiscal year.

About Tokio Marine

Tokio Marine is a Tokyo‑headquartered insurance group with roots in the late 19th century and is one of Japan’s largest insurers. The company operates through a network of subsidiaries and affiliates to provide a broad suite of insurance and risk‑management services. Tokio Marine’s operations encompass both life and non‑life insurance businesses and are organized to serve individual policyholders, commercial clients and institutional customers.

The group’s core products and services include property & casualty insurance—covering commercial and personal lines such as fire, automobile, marine and casualty—specialty insurance solutions, reinsurance and life and health insurance.