Previous close | 21.60 |
Open | 22.00 |
Bid | 22.00 x 30000 |
Ask | 23.00 x 30000 |
Day's range | 22.00 - 22.00 |
52-week range | 10.27 - 22.80 |
Volume | |
Avg. volume | 20 |
Market cap | 35.159B |
Beta (5Y monthly) | 0.42 |
PE ratio (TTM) | 50.00 |
EPS (TTM) | 0.44 |
Earnings date | 09 Aug 2024 |
Forward dividend & yield | 0.59 (2.73%) |
Ex-dividend date | 27 Sept 2024 |
1y target est | N/A |
TOKYO (Reuters) -Japanese financial groups including Tokio Marine, Sompo and two MS&AD units will sell Honda Motor shares worth 535 billion yen ($3.3 billion) to unwind cross-shareholdings, a regulatory filing showed on Thursday. Mitsubishi UFJ and Mizuho, Japan's first- and third-largest financial groups, also plan to participate in the sale, a sign that the unwinding of cross-shareholdings is catching pace as part of Japan's corporate governance reforms. Cross-shareholding, or companies holding shares in each other, has long been seen as a way to reinforce business ties in Japan.
It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. ARKO Corp. (ARKO), Sprouts Farmers (SFM), and MS&AD Insurance Group (MSADY) are well-poised to gain.
MS&AD Insurance Group (MSADY) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.