Sompo (OTCMKTS:SMPNY) Sees Strong Trading Volume - Here's Why

Key Points

• Sompo Holdings, Inc. experienced a significant increase in trading volume, with approximately 300,764 shares traded, a rise of 175% compared to the previous session.
• The company reported quarterly earnings of $0.44 per share, with total revenue of $8.75 billion during the last quarter.
• Sompo has a market capitalization of $29.71 billion and an estimated earnings per share of 0.97 for the current year, indicating positive analyst expectations.

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 300,764 shares changed hands during trading, an increase of 175% from the previous session's volume of 109,393 shares.The stock last traded at $16.22 and had previously closed at $16.01.

Sompo Stock Down 0.7%

The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $29.71 billion, a price-to-earnings ratio of 10.67 and a beta of 0.40. The firm has a 50-day moving average of $15.68 and a two-hundred day moving average of $15.43.

Sompo (OTCMKTS:SMPNY - Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The company reported $0.44 earnings per share for the quarter. The company had revenue of $8.75 billion during the quarter. Sompo had a return on equity of 13.04% and a net margin of 8.14%. As a group, sell-side analysts anticipate that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 earnings per share for the current year.

Sompo Company Profile

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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