Sampo (OTCMKTS:SAXPY) Sees Strong Trading Volume – Should You Buy?

Sampo PLC (OTCMKTS:SAXPY) shares saw unusually-high trading volume on Monday . Approximately 516,221 shares were traded during mid-day trading, an increase of 628% from the previous session’s volume of 70,893 shares.The stock last traded at $23.11 and had previously closed at $23.0999.

Analyst Upgrades and Downgrades

SAXPY has been the subject of several research analyst reports. Keefe, Bruyette & Woods lowered Sampo from a “moderate buy” rating to a “hold” rating in a research note on Monday, November 10th. Citigroup reiterated a “neutral” rating on shares of Sampo in a report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to MarketBeat, Sampo has an average rating of “Moderate Buy”.

Sampo Price Performance

The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.43. The company has a market cap of $123.74 billion, a PE ratio of 22.85 and a beta of 0.52. The business’s 50 day moving average price is $22.72 and its 200-day moving average price is $22.07.

Sampo (OTCMKTS:SAXPY) last posted its quarterly earnings data on Wednesday, November 5th. The financial services provider reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.10. The company had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.27 billion.

Sampo Company Profile

Sampo Oyj, together with its subsidiaries, engages in the provision of non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, and the United Kingdom. The company operates through If, Topdanmark, Hastings, Mandatum, and Holding segments. It offers property, casualty, liability, accident, sickness, household, homeowner, motor, travel, marine, aviation, transport, forest, livestock, health, workers compensation, car, van, and bike insurance services, as well as reinsurance services.