Sompo (OTCMKTS:SMPNY) Sees Strong Trading Volume – Here’s What Happened

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) saw an uptick in trading volume on Monday . 340,694 shares were traded 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 Up 2.7%

The stock has a fifty day moving average of $18.46 and a two-hundred day moving average of $16.83. The stock has a market cap of $34.17 billion, a price-to-earnings ratio of 8.92 and a beta of 0.38.

Sompo (OTCMKTS:SMPNY) last issued its earnings results on Friday, February 13th. The company reported $0.57 EPS for the quarter. Sompo had a net margin of 10.62% and a return on equity of 13.26%. The company had revenue of $8.71 billion for the quarter. On average, research analysts expect that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 EPS 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.