Sampo (OTCMKTS:SAXPY) Sets New 52-Week High - Still a Buy?

Sampo PLC (OTCMKTS:SAXPY - Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as $22.46 and last traded at $22.46, with a volume of 8724 shares. The stock had previously closed at $21.93.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upgraded shares of Sampo to a "strong-buy" rating in a research note on Wednesday, July 2nd.

Sampo Price Performance

The business has a 50 day simple moving average of $21.29 and a 200-day simple moving average of $20.33. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 0.32. The firm has a market cap of $119.01 billion, a price-to-earnings ratio of 24.30 and a beta of 0.58.

Sampo (OTCMKTS:SAXPY - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.05. The company had revenue of $2.33 billion during the quarter, compared to analysts' expectations of $2.16 billion.

About Sampo

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.