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Sampo (OTCMKTS:SAXPY) Hits New 52-Week High - Time to Buy?

Sampo logo with Finance background

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

Analyst Ratings Changes

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

Check Out Our Latest Stock Report on SAXPY

Sampo Price Performance

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 stock has a market capitalization of $119.38 billion, a P/E ratio of 24.37 and a beta of 0.58. The firm has a 50-day moving average price of $21.43 and a 200 day moving average price of $20.38.

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

Sampo Company Profile

(Get Free Report)

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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