MS&AD Insurance Group (OTCMKTS:MSADY) Shares Cross Above Fifty Day Moving Average – Here’s Why

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $22.38 and traded as high as $24.31. MS&AD Insurance Group shares last traded at $24.27, with a volume of 83,427 shares changing hands.

MS&AD Insurance Group Stock Up 3.3%

The firm’s 50-day simple moving average is $22.38 and its 200 day simple moving average is $22.43. The company has a market cap of $36.22 billion, a P/E ratio of 7.44 and a beta of 0.35. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.24 and a current ratio of 0.24.

MS&AD Insurance Group (OTCMKTS:MSADY) last posted its quarterly earnings results on Wednesday, November 19th. The insurance provider reported $1.27 earnings per share (EPS) for the quarter. MS&AD Insurance Group had a return on equity of 16.69% and a net margin of 9.93%.The business had revenue of $14.18 billion for the quarter. On average, research analysts forecast that MS&AD Insurance Group Holdings Inc. will post 2.95 earnings per share for the current fiscal year.

MS&AD Insurance Group Company Profile

MS&AD Insurance Group (OTCMKTS:MSADY) is a Tokyo-based insurance holding company that operates primarily in property and casualty insurance while also offering life, reinsurance and risk management services. The group underwrites a broad range of commercial and personal insurance products designed to protect against motor, fire, marine, casualty, liability and specialty risks, and it provides related services such as claims handling, underwriting, and loss-prevention consulting.

The group’s operating structure comprises multiple subsidiaries that serve distinct market functions, including well-known domestic insurers such as Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance, along with affiliated businesses that provide reinsurance, asset management and risk consulting services.