Sompo (OTCMKTS:SMPNY) Shares Gap Down – Here’s What Happened

by · The Cerbat Gem

Shares of Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $18.41, but opened at $17.3401. Sompo shares last traded at $18.41, with a volume of 1,366 shares changing hands.

Sompo Stock Down 0.1%

The business’s 50-day simple moving average is $16.48 and its two-hundred day simple moving average is $15.79. The firm has a market cap of $33.48 billion, a price-to-earnings ratio of 9.48 and a beta of 0.38.

Sompo (OTCMKTS:SMPNY – Get Free Report) last posted its earnings results on Wednesday, November 19th. The company reported $0.89 EPS for the quarter. The firm had revenue of $9.37 billion for the quarter. Sompo had a return on equity of 14.10% and a net margin of 10.20%. On average, analysts expect that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 earnings per share for the current year.

About Sompo

(Get Free Report)

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.

See Also