MS&AD Insurance Group (OTCMKTS:MSADY) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Shares of MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $21.73 and traded as low as $21.54. MS&AD Insurance Group shares last traded at $21.62, with a volume of 34,143 shares trading hands.

Analyst Ratings Changes

Separately, Nomura Securities raised shares of MS&AD Insurance Group to a “hold” rating in a report on Tuesday, June 3rd.

MS&AD Insurance Group Price Performance

The firm has a market cap of $34.77 billion, a PE ratio of 7.38 and a beta of 0.42. The stock’s fifty day moving average price is $22.57 and its 200-day moving average price is $21.73. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.25 and a quick ratio of 0.25.

MS&AD Insurance Group (OTCMKTS:MSADY) last released its quarterly earnings data on Tuesday, May 20th. The insurance provider reported $0.34 earnings per share (EPS) for the quarter. MS&AD Insurance Group had a net margin of 10.42% and a return on equity of 16.56%. The firm had revenue of $9.39 billion during the quarter. As a group, equities analysts expect that MS&AD Insurance Group Holdings Inc. will post 2.95 EPS for the current fiscal 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.