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Sampo (OTCMKTS:SAXPY) Stock Crosses Below 50 Day Moving Average - Time to Sell?

Sampo logo with Finance background

Shares of Sampo PLC (OTCMKTS:SAXPY - Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $20.76 and traded as low as $20.51. Sampo shares last traded at $20.91, with a volume of 41,545 shares trading hands.

Sampo Trading Down 0.3%

The company's 50 day simple moving average is $20.79 and its two-hundred day simple moving average is $20.17. The stock has a market cap of $113.19 billion, a price-to-earnings ratio of 23.11 and a beta of 0.58. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 0.32.

Sampo (OTCMKTS:SAXPY - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $0.23 EPS for the quarter, beating 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 business also recently declared a dividend, which was paid on Wednesday, May 21st. Shareholders of record on Monday, April 28th were issued a dividend of $0.4169 per share. The ex-dividend date of this dividend was Friday, April 25th. This represents a yield of 2.08%. Sampo's dividend payout ratio (DPR) is presently 35.16%.

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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