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

MS&AD Insurance Group Holdings, Inc. (OTCMKTS:MSADY) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $22.12 and traded as low as $21.29. MS&AD Insurance Group shares last traded at $21.41, with a volume of 37,823 shares trading hands.

MS&AD Insurance Group Trading Down 2.7 %

The firm has a fifty day moving average of $20.96 and a two-hundred day moving average of $22.12. The company has a market cap of $34.44 billion, a PE ratio of 14.57 and a beta of 0.48. The company has a current ratio of 0.26, a quick 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, sell-side analysts predict that MS&AD Insurance Group Holdings, Inc. will post 2.95 EPS for the current year.

About MS&AD Insurance Group

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.