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Sampo (OTCMKTS:SAXPY) Shares Gap Up - Should You Buy?

Sampo logo with Finance background

Sampo PLC (OTCMKTS:SAXPY - Get Free Report)'s share price gapped up before the market opened on Thursday . The stock had previously closed at $21.08, but opened at $22.27. Sampo shares last traded at $21.14, with a volume of 1,466 shares changing hands.

Sampo Price Performance

The firm's fifty day moving average price is $20.88 and its 200 day moving average price is $20.18. The stock has a market cap of $114.38 billion, a PE ratio of 23.35 and a beta of 0.58. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.42.

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

Sampo Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 21st. Stockholders of record on Monday, April 28th were issued a dividend of $0.4169 per share. The ex-dividend date was Friday, April 25th. This represents a dividend yield of 2.08%. Sampo's dividend payout ratio (DPR) is 35.16%.

About Sampo

(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.

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