Sompo (OTCMKTS:SMPNY) Sees Large Volume Increase – Still a Buy?

Shares of Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) saw unusually-high trading volume on Monday . Approximately 340,694 shares traded hands during mid-day trading, an increase of 195% from the previous session’s volume of 115,335 shares.The stock last traded at $18.5375 and had previously closed at $17.81.

Sompo Stock Performance

The firm has a market capitalization of $34.25 billion, a PE ratio of 8.94 and a beta of 0.38. The business’s 50 day moving average is $18.46 and its two-hundred day moving average is $16.86.

Sompo (OTCMKTS:SMPNY) last released its quarterly earnings data on Friday, February 13th. The company reported $0.57 earnings per share (EPS) for the quarter. Sompo had a return on equity of 13.26% and a net margin of 10.62%.The company had revenue of $8.71 billion for the quarter. As a group, equities research analysts predict 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.