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Sompo (OTCMKTS:SMPNY) Shares Gap Down - Time to Sell?

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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.
  • MarketBeat previews top five stocks to own in October.

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY - Get Free Report) shares gapped down prior to trading 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.

Sompo Price Performance

The stock has a 50 day moving average of $15.40 and a two-hundred day moving average of $15.36. The stock has a market cap of $29.83 billion, a PE ratio of 10.71 and a beta of 0.40. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.12 and a current ratio of 0.12.

Sompo (OTCMKTS:SMPNY - Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The company reported $0.44 EPS for the quarter. The business 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%. Equities analysts anticipate that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 EPS 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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