Sampo (OTCMKTS:SAXPY) Hits New 12-Month High – Still a Buy?

Sampo PLC (OTCMKTS:SAXPY) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $23.67 and last traded at $23.66, with a volume of 773 shares. The stock had previously closed at $23.28.

Analyst Upgrades and Downgrades

A number of research firms have commented on SAXPY. Citigroup restated a “neutral” rating on shares of Sampo in a report on Thursday, November 20th. Keefe, Bruyette & Woods lowered shares of Sampo from a “moderate buy” rating to a “hold” rating in a report on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Sampo currently has an average rating of “Moderate Buy”.

Sampo Stock Up 0.8%

The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $126.18 billion, a PE ratio of 17.04 and a beta of 0.45. The stock’s fifty day simple moving average is $22.91 and its 200-day simple moving average is $22.40.

Sampo (OTCMKTS:SAXPY) last announced its earnings results on Wednesday, November 5th. The financial services provider reported $0.32 EPS for the quarter, beating the consensus estimate of $0.22 by $0.10. The firm had revenue of $2.61 billion during the quarter, compared to analysts’ expectations 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.