Sampo Oyj (OTCMKTS:SAXPY) Short Interest Update

Sampo Oyj (OTCMKTS:SAXPY – Get Rating) was the target of a large decline in short interest in March. As of March 31st, there was short interest totalling 8,900 shares, a decline of 79.9% from the March 15th total of 44,200 shares. Based on an average daily volume of 81,900 shares, the days-to-cover ratio is currently 0.1 days.

SAXPY traded down $0.38 during mid-day trading on Wednesday, reaching $25.01. 59,863 shares of the stock were exchanged, compared to its average volume of 70,035. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.32 and a current ratio of 0.35. The stock has a market capitalization of $27.78 billion, a PE ratio of 9.06 and a beta of 1.15. The company has a 50 day moving average price of $24.16 and a two-hundred day moving average price of $24.86. Sampo Oyj has a 1 year low of $20.18 and a 1 year high of $27.35.

Sampo Oyj (OTCMKTS:SAXPY – Get Rating) last posted its quarterly earnings data on Wednesday, February 9th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter.

A number of analysts have commented on SAXPY shares. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Sampo Oyj from €44.00 ($47.83) to €43.00 ($46.74) and set a “hold” rating for the company in a research note on Wednesday, March 16th. HSBC lowered shares of Sampo Oyj from a “buy” rating to a “hold” rating in a research note on Thursday, April 7th. Morgan Stanley started coverage on shares of Sampo Oyj in a research note on Tuesday, February 8th. They set an “underweight” rating for the company. Finally, Barclays initiated coverage on shares of Sampo Oyj in a research note on Wednesday, March 23rd. They set an “equal weight” rating for the company. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $43.00.

Sampo Oyj Company Profile (Get Rating)

Sampo Oyj, through its subsidiaries, provides life and non-life insurance products and services in Finland, Sweden, Norway, Denmark, and the Baltic countries. It operates through If, Topdanmark, Mandatum, and Holding segments. The company offers household, homeowner, motor, accident, travel, boat, forest, livestock, property, casualty, liability, casualty, and cargo insurance.

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