Sompo (OTCMKTS:SMPNY) Trading Up 0.6% – Should You Buy?

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) was up 0.6% during trading on Thursday . The company traded as high as $18.77 and last traded at $18.15. Approximately 190,733 shares traded hands during mid-day trading, an increase of 109% from the average daily volume of 91,249 shares. The stock had previously closed at $18.05.

Sompo Stock Performance

The firm has a market capitalization of $33.91 billion, a P/E ratio of 9.60 and a beta of 0.40. The stock’s 50 day simple moving average is $17.13 and its 200 day simple moving average is $16.10.

Sompo (OTCMKTS:SMPNY) last posted its quarterly earnings results on Wednesday, November 19th. The company reported $0.89 earnings per share for the quarter. Sompo had a net margin of 10.20% and a return on equity of 14.10%. The firm had revenue of $9.37 billion during the quarter. On average, analysts anticipate that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 earnings per share 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.