Sompo (OTCMKTS:SMPNY) Sees Unusually-High Trading Volume – Here’s What Happened

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) saw strong trading volume on Friday . 245,713 shares were traded during mid-day trading, an increase of 143% from the previous session’s volume of 101,108 shares.The stock last traded at $18.76 and had previously closed at $18.05.

Sompo Price Performance

The company has a market cap of $35.28 billion, a PE ratio of 9.99 and a beta of 0.40. The company has a 50-day moving average of $17.19 and a 200 day moving average of $16.14.

Sompo (OTCMKTS:SMPNY) last released its quarterly earnings results on Wednesday, November 19th. The company reported $0.89 earnings per share for the quarter. The company had revenue of $9.37 billion for the quarter. Sompo had a return on equity of 14.10% and a net margin of 10.20%. Equities research analysts expect that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 EPS for the current year.

About Sompo

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.