Sompo (OTCMKTS:SMPNY) Sets New 12-Month High – What’s Next?

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $22.56 and last traded at $22.44, with a volume of 83096 shares changing hands. The stock had previously closed at $22.25.

Sompo Stock Down 2.4%

The firm has a market cap of $41.37 billion, a price-to-earnings ratio of 9.46 and a beta of 0.32. The company’s 50-day moving average price is $19.87 and its 200-day moving average price is $19.04.

Sompo (OTCMKTS:SMPNY) last released its quarterly earnings results on Wednesday, May 20th. The company reported $0.44 earnings per share for the quarter. The firm had revenue of $8.84 billion during the quarter. Sompo had a net margin of 11.95% and a return on equity of 13.10%.

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.