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Sompo (OTCMKTS:SMPNY) Trading 1.7% Higher - Here's Why

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Key Points

  • Sompo Holdings, Inc. (OTCMKTS:SMPNY) stock rose by 1.7% to close at $16.34, although trading volume decreased by 14% compared to its average.
  • The company reported $0.44 earnings per share for the last quarter, with revenue totaling $8.75 billion and a projected 0.97 EPS for the fiscal year.
  • Sompo operates across multiple segments including property and casualty insurance, life insurance, and nursing care services, enhancing its diversified business model.
  • MarketBeat previews the top five stocks to own by November 1st.

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY - Get Free Report) shares were up 1.7% during mid-day trading on Monday . The stock traded as high as $16.37 and last traded at $16.34. Approximately 83,236 shares were traded during trading, a decline of 14% from the average daily volume of 97,224 shares. The stock had previously closed at $16.07.

Sompo Trading Up 0.1%

The business's 50 day moving average is $15.44 and its two-hundred day moving average is $15.39. 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 firm has a market capitalization of $29.88 billion, a P/E ratio of 10.73 and a beta of 0.40.

Sompo (OTCMKTS:SMPNY - Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The company reported $0.44 earnings per share for the quarter. Sompo had a net margin of 8.14% and a return on equity of 13.04%. The business had revenue of $8.75 billion for the quarter. Analysts expect that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 EPS for the current year.

Sompo Company Profile

(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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