Sompo (OTCMKTS:SMPNY) Posts Quarterly Earnings Results

Key Points

• Sompo (OTCMKTS:SMPNY) reported earnings of $0.44 per share for the quarter, with a net margin of 7.77% and a return on equity of 14.57%.
• The company's stock traded down by $0.27 to hit $15.96, with a market capitalization of $29.81 billion and a price-to-earnings ratio of 11.08.
• Sompo Holdings provides a variety of insurance services both domestically in Japan and internationally, including property and casualty insurance, life insurance, and nursing care services.

Sompo (OTCMKTS:SMPNY - Get Free Report) released its earnings results on Thursday. The company reported $0.44 earnings per share for the quarter, Zacks reports. Sompo had a net margin of 7.77% and a return on equity of 14.57%.

Sompo Price Performance

Shares of SMPNY traded down $0.27 during trading hours on Thursday, hitting $15.96. The stock had a trading volume of 70,520 shares, compared to its average volume of 113,564. Sompo has a 52 week low of $10.30 and a 52 week high of $17.05. The company's fifty day moving average is $14.95 and its two-hundred day moving average is $15.09. The stock has a market capitalization of $29.81 billion, a price-to-earnings ratio of 11.08 and a beta of 0.39.

About Sompo

Sompo Holdings, Inc provides property and casualty (P&C) insurance services in Japan and internationally. The company operates through Domestic P&C Insurance Business, Overseas Insurance Business, Domestic Life Insurance Business, and Nursing Care & Seniors Business segments. It offers various P&C insurance products, including automobile, fire, personal accident, and marine, as well as security, risk management, assistance, and warranty services; and life insurance products.

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