Sompo (OTCMKTS:SMPNY) Shares Gap Down – Should You Sell?

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) gapped down prior to trading on Tuesday . The stock had previously closed at $18.41, but opened at $17.3401. Sompo shares last traded at $18.41, with a volume of 1,366 shares trading hands.

Sompo Price Performance

The firm’s 50 day moving average price is $16.30 and its two-hundred day moving average price is $15.74. The firm has a market cap of $33.76 billion, a price-to-earnings ratio of 9.56 and a beta of 0.38.

Sompo (OTCMKTS:SMPNY) last posted its quarterly earnings data on Wednesday, November 19th. The company reported $0.89 EPS for the quarter. Sompo had a return on equity of 14.10% and a net margin of 10.20%.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.

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.