Sompo (OTCMKTS:SMPNY) Shares Gap Up - What's Next?

Key Points

• Sompo Holdings, Inc. shares gapped up from a previous close of $16.06 to an opening price of $16.75 before last trading at $16.21 with a volume of 3,273 shares.
• The company reported quarterly earnings of $0.44 per share, with revenues of $8.75 billion and a return on equity of 14.57%.
• Sompo has a market capitalization of $30.33 billion and a P/E ratio of 11.27, indicating relatively stable performance in the insurance market.

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY - Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $16.06, but opened at $16.75. Sompo shares last traded at $16.21, with a volume of 3,273 shares changing hands.

Sompo Trading Down 1.5%

The stock has a market cap of $30.08 billion, a price-to-earnings ratio of 10.81 and a beta of 0.39. The stock has a fifty day simple moving average of $15.04 and a 200-day simple moving average of $15.17.

Sompo (OTCMKTS:SMPNY - Get Free Report) last announced its quarterly earnings data on Thursday, August 14th. The company reported $0.44 EPS for the quarter. Sompo had a return on equity of 14.81% and a net margin of 8.14%.The company had revenue of $8.75 billion during the quarter. Sell-side analysts forecast that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 earnings per share for the current fiscal 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.