Sampo (OTCMKTS:SAXPY – Get Free Report) announced its quarterly earnings results on Wednesday. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.32, Zacks reports.
Sampo Trading Up 4.1%
Shares of SAXPY traded up $0.86 during trading hours on Wednesday, reaching $22.05. 16,777 shares of the company traded hands, compared to its average volume of 102,299. The firm has a market cap of $117.12 billion, a price-to-earnings ratio of 14.90 and a beta of 0.35. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.39. Sampo has a 12-month low of $19.35 and a 12-month high of $24.43. The stock’s fifty day moving average price is $20.98 and its 200 day moving average price is $21.40.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded Sampo from a “sell” rating to a “buy” rating in a research note on Thursday, July 9th. One equities research 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. Based on data from MarketBeat.com, Sampo currently has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Report on Sampo
Sampo Company Profile
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.
Featured Stories
- Five stocks we like better than Sampo
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
- Washington Made a $2 Billion Quantum Bet, But Can Either ETF Match It?
Receive News & Ratings for Sampo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sampo and related companies with MarketBeat.com's FREE daily email newsletter.
