Sompo (OTCMKTS:SMPNY) Reaches New 12-Month High – Here’s Why

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) reached a new 52-week high on Saturday . The company traded as high as $18.93 and last traded at $18.88, with a volume of 333788 shares changing hands. The stock had previously closed at $18.15.

Sompo Trading Up 4.0%

The firm has a market capitalization of $35.28 billion, a price-to-earnings ratio of 9.99 and a beta of 0.40. The stock has a fifty day moving average price of $17.19 and a 200-day moving average price of $16.14.

Sompo (OTCMKTS:SMPNY) last released its quarterly earnings data on Wednesday, November 19th. The company reported $0.89 earnings per share (EPS) for the quarter. The firm had revenue of $9.37 billion during the quarter. Sompo had a return on equity of 14.10% and a net margin of 10.20%. On average, equities 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.