Sompo (OTCMKTS:SMPNY) Shares Gap Up - Should You Buy?

Key Points

• Shares of Sompo Holdings, Inc. opened at $15.53, up from a previous close of $14.97, indicating increased market interest.
• The company reported $0.17 EPS for the last quarter, with a revenue of $8.54 billion and a net margin of 7.77%.
• Sompo has a market cap of $27.83 billion and a low beta of 0.40, suggesting stability in its stock performance.
• Analysts project that Sompo will achieve an EPS of 0.97 for the current year, reflecting growth expectations.

Shares of Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $14.97, but opened at $15.53. Sompo shares last traded at $14.90, with a volume of 1,202 shares trading hands.

Sompo Trading Up 1.2%

The firm has a market cap of $27.60 billion, a P/E ratio of 10.26 and a beta of 0.40. The company's 50 day simple moving average is $14.84 and its 200-day simple moving average is $14.94.

Sompo (OTCMKTS:SMPNY - Get Free Report) last posted its earnings results on Tuesday, May 20th. The company reported $0.17 earnings per share (EPS) for the quarter. The business had revenue of $8.54 billion for the quarter. Sompo had a net margin of 7.77% and a return on equity of 14.57%. On average, sell-side analysts anticipate that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 earnings per share 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.