Sampo PLC (OTCMKTS:SAXPY) Short Interest Up 97.1% in December

Sampo PLC (OTCMKTS:SAXPY) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 28,947 shares, an increase of 97.1% from the November 30th total of 14,687 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 72,233 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 72,233 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on SAXPY shares. Citigroup restated a “neutral” rating on shares of Sampo in a research report on Thursday, November 20th. Keefe, Bruyette & Woods lowered Sampo from a “moderate buy” rating to a “hold” rating in a research note on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Sampo Stock Down 0.3%

OTCMKTS SAXPY opened at $24.10 on Monday. The stock has a fifty day moving average of $23.14 and a 200-day moving average of $22.57. The stock has a market capitalization of $128.73 billion, a P/E ratio of 17.39 and a beta of 0.45. Sampo has a 52 week low of $15.70 and a 52 week high of $24.23. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.30 and a current ratio of 0.30.

Sampo (OTCMKTS:SAXPY) last issued its quarterly earnings results on Wednesday, November 5th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.10. The firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.27 billion.

About Sampo

Sampo plc is a Finland-based insurance and financial services group that primarily underwrites property and casualty (P&C) insurance while also offering life insurance and related financial products. The company operates through subsidiaries that provide a mix of retail and corporate insurance solutions, claims handling and risk management services. Its business model emphasizes underwriting discipline and diversified exposure across personal, commercial and specialty insurance lines.

Sampo’s operations include well-known subsidiaries that deliver core products and services: a Nordic P&C insurer that writes motor, property, liability and specialty lines, and a life insurance and wealth management arm that offers savings, pension solutions and asset management services.