MS&AD Insurance Group (OTCMKTS:MSADY) Stock Passes Above 200 Day Moving Average – Here’s What Happened

by · The Cerbat Gem

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $24.46 and traded as high as $25.45. MS&AD Insurance Group shares last traded at $25.33, with a volume of 101,837 shares traded.

MS&AD Insurance Group Stock Performance

The firm has a market cap of $37.94 billion, a P/E ratio of 7.77 and a beta of 0.34. The company has a 50-day moving average of $25.74 and a 200 day moving average of $24.46.

MS&AD Insurance Group (OTCMKTS:MSADY – Get Free Report) last posted its earnings results on Friday, February 13th. The insurance provider reported $0.80 EPS for the quarter, topping the consensus estimate of $0.38 by $0.42. The business had revenue of $11.75 billion during the quarter, compared to the consensus estimate of $12.83 billion. MS&AD Insurance Group had a return on equity of 17.40% and a net margin of 9.90%.

MS&AD Insurance Group Company Profile

(Get Free Report)

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.

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