Sompo (OTCMKTS:SMPNY) Reaches New 52-Week High – Here’s Why

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY)’s share price hit a new 52-week high on Friday . The stock traded as high as $20.1325 and last traded at $19.4501, with a volume of 10954 shares trading hands. The stock had previously closed at $19.51.

Sompo Stock Performance

The company has a market cap of $37.20 billion, a P/E ratio of 10.53 and a beta of 0.40. The business has a fifty day simple moving average of $17.45 and a 200 day simple moving average of $16.25.

Sompo (OTCMKTS:SMPNY) last posted its quarterly earnings results on Friday, February 13th. The company reported $0.57 earnings per share (EPS) 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.

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.