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Sompo (OTCMKTS:SMPNY) Shares Gap Up - Still a Buy?

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Key Points

  • Sompo Holdings, Inc. shares gapped up from a previous close of $15.31 to open at $15.83 before last trading at $15.27.
  • The company reported $0.44 earnings per share and $8.75 billion in revenue for its latest quarter, with a projected 0.97 EPS for the current year.
  • Sompo operates through segments including Domestic and Overseas Insurance, offering a range of property and casualty insurance products, as well as life insurance and nursing care services.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $15.31, but opened at $15.83. Sompo shares last traded at $15.27, with a volume of 42,054 shares changing hands.

Sompo Stock Performance

The firm has a 50-day moving average of $15.76 and a two-hundred day moving average of $15.43. 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 company has a market capitalization of $28.46 billion, a PE ratio of 10.22 and a beta of 0.40.

Sompo (OTCMKTS:SMPNY - Get Free Report) last announced 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%. Research 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.

Further Reading

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