Sampo Oyj (OTCMKTS:SAXPY) Short Interest Up 256.3% in April

Sampo Oyj (OTCMKTS:SAXPY – Get Rating) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totalling 17,100 shares, a growth of 256.3% from the April 15th total of 4,800 shares. Based on an average daily volume of 90,600 shares, the short-interest ratio is currently 0.2 days.

SAXPY stock opened at $22.99 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.35 and a quick ratio of 0.32. Sampo Oyj has a one year low of $20.18 and a one year high of $27.35. The stock has a market cap of $24.74 billion, a PE ratio of 8.33 and a beta of 1.08. The firm has a 50 day simple moving average of $24.24 and a two-hundred day simple moving average of $24.69.

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

Several research firms have recently weighed in on SAXPY. Morgan Stanley started coverage on shares of Sampo Oyj in a research note on Tuesday, February 8th. They issued an “underweight” rating for the company. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Sampo Oyj from €44.00 ($46.32) to €43.00 ($45.26) and set a “hold” rating for the company in a research note on Wednesday, March 16th. Barclays started coverage on shares of Sampo Oyj in a research note on Wednesday, March 23rd. They set an “equal weight” rating for the company. Finally, HSBC cut shares of Sampo Oyj from a “buy” rating to a “hold” rating in a research note on Thursday, April 7th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average 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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