Sampo PLC (OTCMKTS:SAXPY) Stock Short Interest Report for October

Sampo PLC (OTCMKTS:SAXPY) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 6,198 shares, a decrease of 48.8% from the September 30th total of 12,108 shares. Based on an average trading volume of 291,743 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised shares of Sampo from a “sell” rating to a “buy” rating in a report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Sampo Stock Performance

Sampo stock traded up $0.06 during mid-day trading on Monday, reaching $21.24. The company’s stock had a trading volume of 41,751 shares, compared to its average volume of 102,747. The company has a market capitalization of $112.81 billion, a P/E ratio of 14.35 and a beta of 0.38. Sampo has a 12-month low of $19.35 and a 12-month high of $24.43. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.29 and a current ratio of 0.29. The firm’s fifty day moving average price is $21.04 and its two-hundred day moving average price is $21.42.

Sampo (OTCMKTS:SAXPY) last issued its quarterly earnings data on Wednesday, August 12th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.05). The company had revenue of $3.67 billion during the quarter, compared to analyst estimates of $2.96 billion. Sell-side analysts predict that Sampo will post 1.23 EPS for the current fiscal year.

About Sampo

Sampo Oyj is a Finnish insurance group headquartered in Helsinki. The company focuses on property and casualty insurance, serving private individuals, businesses and institutional customers across the Nordic countries, the Baltic region and the United Kingdom.

Sampo’s principal operations include If P&C Insurance, one of the largest non-life insurers in the Nordic region, and Hastings, a specialist provider of motor and home insurance in the United Kingdom. The group has also expanded its presence in Denmark through Topdanmark, which offers property, casualty and life insurance products to retail and commercial customers.

Sampo traces its roots to Finland and has developed from a broader financial-services group into a focused insurance business.