Sompo (OTCMKTS:SMPNY) Shares Gap Up – What’s Next?

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $17.93, but opened at $18.81. Sompo shares last traded at $18.01, with a volume of 39,078 shares trading hands.

Sompo Price Performance

The stock’s fifty day moving average is $16.42 and its 200-day moving average is $15.77. The stock has a market capitalization of $33.60 billion, a PE ratio of 9.51 and a beta of 0.38.

Sompo (OTCMKTS:SMPNY) last announced its quarterly earnings data on Wednesday, November 19th. The company reported $0.89 earnings per share (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 for the quarter. On average, analysts forecast that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 EPS 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.