Sompo (OTCMKTS:SMPNY) Sets New 52-Week High – Here’s Why

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) reached a new 52-week high during trading on Tuesday . The stock traded as high as $17.79 and last traded at $17.05, with a volume of 35379 shares changing hands. The stock had previously closed at $17.0070.

Sompo Stock Performance

The stock has a market cap of $31.84 billion, a price-to-earnings ratio of 9.02 and a beta of 0.37. The company’s fifty day simple moving average is $15.83 and its two-hundred day simple moving average is $15.56. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.12 and a quick ratio of 0.12.

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

About Sompo

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.