Sompo (OTCMKTS:SMPNY) Issues Earnings Results

Sompo (OTCMKTS:SMPNY) issued its quarterly earnings results on Friday. The company reported $0.57 earnings per share (EPS) for the quarter, Zacks reports. Sompo had a return on equity of 14.10% and a net margin of 10.20%.

Sompo Trading Up 1.3%

SMPNY opened at $19.75 on Friday. The stock’s 50 day simple moving average is $17.52 and its 200-day simple moving average is $16.29. The stock has a market cap of $36.90 billion, a PE ratio of 10.45 and a beta of 0.40. Sompo has a 1 year low of $13.18 and a 1 year high of $20.44.

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.