Sompo (OTCMKTS:SMPNY) Shares Gap Down - Should You Sell?

Key Points

• Sompo Holdings' shares gapped down from a closing price of $16.16 to an opening price of $15.60 on Thursday, with only 343 shares traded at that price.
• The company reported a quarterly EPS of $0.44 and anticipated a full year EPS of $0.97, indicating potential growth despite the stock's decline.
• Sompo has a market cap of $29.83 billion and a PE ratio of 10.71, suggesting that it may be undervalued compared to its earnings potential.

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY - Get Free Report)'s share price gapped down before the market opened on Thursday . The stock had previously closed at $16.16, but opened at $15.60. Sompo shares last traded at $15.60, with a volume of 343 shares traded.

Sompo Price Performance

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 $30.31 billion, a price-to-earnings ratio of 10.89 and a beta of 0.40. The company's 50-day simple moving average is $15.47 and its 200 day simple moving average is $15.40.

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

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.