SiriusPoint (NYSE:SPNT) Hits New 1-Year High at $14.63

Shares of SiriusPoint Ltd. (NYSE:SPNT) reached a new 52-week high on Tuesday . The company traded as high as $14.63 and last traded at $14.57, with a volume of 16360 shares. The stock had previously closed at $14.24.

SiriusPoint Price Performance

The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.58 and a current ratio of 0.58. The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of 8.48 and a beta of 0.94. The business has a fifty day moving average of $12.80 and a two-hundred day moving average of $12.36.

SiriusPoint (NYSE:SPNT) last released its quarterly earnings results on Tuesday, April 30th. The company reported $0.49 earnings per share (EPS) for the quarter. The business had revenue of $685.50 million during the quarter. SiriusPoint had a return on equity of 14.59% and a net margin of 11.57%.

Institutional Trading of SiriusPoint

Institutional investors have recently added to or reduced their stakes in the company. CWM LLC boosted its stake in SiriusPoint by 84.7% in the 2nd quarter. CWM LLC now owns 2,289 shares of the company’s stock valued at $28,000 after purchasing an additional 1,050 shares during the period. Bayesian Capital Management LP bought a new stake in SiriusPoint in the 1st quarter valued at $127,000. Jackson Hole Capital Partners LLC bought a new stake in SiriusPoint in the 4th quarter valued at $128,000. SG Americas Securities LLC bought a new stake in shares of SiriusPoint during the 1st quarter valued at $142,000. Finally, AXS Investments LLC bought a new stake in shares of SiriusPoint during the 4th quarter valued at $163,000. 52.79% of the stock is currently owned by institutional investors.

SiriusPoint Company Profile

SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide. The company operates through two segments, Reinsurance, and Insurance & Services. The Reinsurance segment provides aviation and space, accident and health, casualty, credit, marine and energy, property to insurance and reinsurance companies, government entities, and other risk bearing vehicles.