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

Key Points

• Shares of Sompo Holdings gapped up from $15.13 to $15.92 before settling at $15.55, with a trading volume of 12,299 shares.
• The company's recent quarterly earnings reported $0.44 earnings per share and $8.75 billion in revenue, with analysts predicting a future EPS of 0.97.
• Sompo operates across multiple segments including property and casualty insurance, and has a market cap of $28.38 billion with a P/E ratio of 10.19.

Shares of Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $15.13, but opened at $15.92. Sompo shares last traded at $15.55, with a volume of 12,299 shares changing hands.

Sompo Trading Up 0.4%

The business's fifty day simple moving average is $15.83 and its 200 day simple moving average is $15.43. 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 stock has a market cap of $28.38 billion, a P/E ratio of 10.19 and a beta of 0.39.

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 business had revenue of $8.75 billion during the quarter. Sompo had a net margin of 8.14% and a return on equity of 13.04%. As a group, analysts expect that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 EPS 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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