Sompo (OTCMKTS:SMPNY) Shares Gap Up – Here’s What Happened

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) gapped up prior to trading on Wednesday . The stock had previously closed at $18.33, but opened at $19.5604. Sompo shares last traded at $19.37, with a volume of 5,198 shares trading hands.

Sompo Price Performance

The stock’s 50 day simple moving average is $18.50 and its two-hundred day simple moving average is $16.89. The stock has a market cap of $35.01 billion, a price-to-earnings ratio of 9.14 and a beta of 0.38.

Sompo (OTCMKTS:SMPNY) last announced its quarterly earnings data on Friday, February 13th. The company reported $0.57 earnings per share (EPS) for the quarter. The company had revenue of $8.71 billion during the quarter. Sompo had a net margin of 10.62% and a return on equity of 13.26%. As a group, analysts predict that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 earnings per share for the current year.

Sompo Company Profile

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.