Sompo (OTCMKTS:SMPNY) Reaches New 1-Year High – Should You Buy?

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $18.3750 and last traded at $18.3050, with a volume of 3867 shares trading hands. The stock had previously closed at $17.64.

Sompo Trading Up 3.3%

The company has a market capitalization of $34.06 billion, a PE ratio of 9.65 and a beta of 0.38. The business’s fifty day moving average is $16.12 and its two-hundred day moving average is $15.66.

Sompo (OTCMKTS:SMPNY) last released its quarterly earnings data on Wednesday, November 19th. The company reported $0.89 earnings per share for the quarter. The firm had revenue of $9.37 billion during the quarter. Sompo had a net margin of 10.20% and a return on equity of 14.10%. As a group, equities research analysts anticipate 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.