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Sompo (OTCMKTS:SMPNY) Sees Unusually-High Trading Volume - Should You Buy?

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Key Points

  • Sompo Holdings, Inc. experienced a significant uptick in trading volume, with 300,743 shares traded, marking a 174% increase from the previous day.
  • The company's latest earnings report showed a net margin of 8.14% and an earnings per share (EPS) of $0.44, with revenue reaching $8.75 billion for the quarter.
  • Sompo has a market capitalization of $30.27 billion and a price-to-earnings ratio of 10.87, indicating its position within the insurance sector.
  • Five stocks to consider instead of Sompo.

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 300,743 shares traded hands during trading, an increase of 174% from the previous session's volume of 109,705 shares.The stock last traded at $16.22 and had previously closed at $16.26.

Sompo Stock Up 0.7%

The stock has a market cap of $30.08 billion, a PE ratio of 10.81 and a beta of 0.40. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.18. The business has a 50-day moving average price of $15.44 and a 200-day moving average price of $15.39.

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

About Sompo

(Get Free Report)

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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