Sampo PLC (OTCMKTS:SAXPY - Get Free Report) shares reached a new 52-week high during trading on Wednesday following a better than expected earnings announcement. The stock traded as high as $22.83 and last traded at $22.81, with a volume of 1105 shares. The stock had previously closed at $22.06.
The financial services provider reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.10. The business had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.19 billion.
Wall Street Analyst Weigh In
Separately, Berenberg Bank raised shares of Sampo to a "strong-buy" rating in a research note on Wednesday, July 2nd.
Check Out Our Latest Analysis on Sampo
Sampo Stock Down 1.0%
The firm has a market capitalization of $122.34 billion, a PE ratio of 19.76 and a beta of 0.57. The company has a fifty day simple moving average of $21.59 and a two-hundred day simple moving average of $20.52. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 0.32.
About Sampo
(
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Sampo Oyj, together with its subsidiaries, engages in the provision of non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, and the United Kingdom. The company operates through If, Topdanmark, Hastings, Mandatum, and Holding segments. It offers property, casualty, liability, accident, sickness, household, homeowner, motor, travel, marine, aviation, transport, forest, livestock, health, workers compensation, car, van, and bike insurance services, as well as reinsurance services.
Further Reading
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