Sompo (OTCMKTS:SMPNY) Releases Earnings Results

Sompo (OTCMKTS:SMPNY) announced its quarterly earnings data on Friday. The company reported $0.57 earnings per share for the quarter, Zacks reports. Sompo had a net margin of 10.20% and a return on equity of 14.10%.

Sompo Price Performance

Shares of SMPNY stock traded up $0.25 during trading hours on Friday, reaching $19.75. The company had a trading volume of 70,073 shares, compared to its average volume of 109,862. Sompo has a 1-year low of $13.18 and a 1-year high of $20.25. The firm has a market cap of $36.90 billion, a price-to-earnings ratio of 10.45 and a beta of 0.40. The company has a 50 day moving average of $17.45 and a 200 day moving average of $16.25.

About Sompo

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.