Sompo (OTCMKTS:SMPNY) Hits New 1-Year High – Here’s Why

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

Sompo Stock Performance

The company’s 50 day moving average price is $17.19 and its 200-day moving average price is $16.13. The stock has a market cap of $35.28 billion, a P/E ratio of 9.99 and a beta of 0.40.

Sompo (OTCMKTS:SMPNY) last released 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 company had revenue of $9.37 billion for the quarter. On average, analysts forecast that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 earnings per share for the current fiscal 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.