Sompo (OTCMKTS:SMPNY) Hits New 12-Month High – Here’s What Happened
by Kim Johansen · The Markets DailySompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY – Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $22.76 and last traded at $22.3280, with a volume of 1462 shares changing hands. The stock had previously closed at $21.98.
Sompo Trading Down 2.6%
The company has a 50-day simple moving average of $20.23 and a 200 day simple moving average of $19.18. The company has a market cap of $40.92 billion, a P/E ratio of 9.36 and a beta of 0.30.
Sompo (OTCMKTS:SMPNY – Get Free Report) last released its earnings results on Wednesday, May 20th. The company reported $0.44 earnings per share for the quarter. The business had revenue of $8.84 billion during the quarter. Sompo had a return on equity of 13.10% and a net margin of 11.95%.
Sompo Company Profile
Sompo Holdings, Inc (OTCMKTS:SMPNY) is a Tokyo-based insurance holding company that provides a broad range of risk-transfer and risk-management products and services. The group’s core operations include property and casualty insurance for individuals and businesses, life insurance products, and related services such as claims handling, medical and nursing-care services, and assistance solutions. Sompo serves both retail and commercial customers with offerings that commonly include motor, homeowners, commercial property, liability, and specialty insurance lines.
In addition to its domestic Japanese business, Sompo has built a significant international footprint through subsidiaries and acquisitions, operating in regions including the Americas, Europe, Asia and Australia.