Sampo (OTCMKTS:SAXPY) Hits New 1-Year High – Still a Buy?
by Jessica Moore · The Cerbat GemShares of Sampo PLC (OTCMKTS:SAXPY – Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $23.56 and last traded at $23.5199, with a volume of 17098 shares changing hands. The stock had previously closed at $23.33.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on the stock. Keefe, Bruyette & Woods cut shares of Sampo from a “moderate buy” rating to a “hold” rating in a research note on Monday, November 10th. Citigroup reiterated a “neutral” rating on shares of Sampo in a research note on Thursday, November 20th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.
Read Our Latest Stock Analysis on SAXPY
Sampo Price Performance
The company has a market cap of $126.22 billion, a price-to-earnings ratio of 23.31 and a beta of 0.52. The company’s 50 day moving average price is $22.71 and its 200 day moving average price is $22.19. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.43.
Sampo (OTCMKTS:SAXPY – Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.10. The firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.27 billion.
About Sampo
Sampo Oyj, together with its subsidiaries, engages in the provision of non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, and the United Kingdom. The company operates through If, Topdanmark, Hastings, Mandatum, and Holding segments. It offers property, casualty, liability, accident, sickness, household, homeowner, motor, travel, marine, aviation, transport, forest, livestock, health, workers compensation, car, van, and bike insurance services, as well as reinsurance services.