MS&AD Insurance Group (OTCMKTS:MSADY) Stock Price Passes Below 200 Day Moving Average – Here’s Why

MS&AD Insurance Group Holdings, Inc. (OTCMKTS:MSADY)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $22.19 and traded as low as $20.18. MS&AD Insurance Group shares last traded at $20.61, with a volume of 55,864 shares traded.

MS&AD Insurance Group Stock Down 2.0 %

The firm has a market capitalization of $33.15 billion, a price-to-earnings ratio of 14.34 and a beta of 0.49. The stock has a 50 day moving average of $21.22 and a 200 day moving average of $22.19. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.14.

MS&AD Insurance Group (OTCMKTS:MSADY) last issued its earnings results on Friday, February 14th. The insurance provider reported $0.57 EPS for the quarter. The company had revenue of $11.70 billion during the quarter. As a group, analysts expect 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 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.