Sompo (OTCMKTS:SMPNY) Reaches New 52-Week High – Should You Buy?

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $20.48 and last traded at $19.7825, with a volume of 43366 shares changing hands. The stock had previously closed at $19.12.

Sompo Stock Performance

The business’s fifty day moving average price is $17.97 and its 200-day moving average price is $16.52. The stock has a market cap of $36.93 billion, a PE ratio of 9.64 and a beta of 0.40.

Sompo (OTCMKTS:SMPNY) last issued its quarterly earnings data on Friday, February 13th. The company reported $0.57 EPS for the quarter. Sompo had a return on equity of 13.94% and a net margin of 10.62%.The company had revenue of $8.71 billion during the quarter. Analysts forecast that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 earnings per share for the current fiscal 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.