Sampo PLC (OTCMKTS:SAXPY) Short Interest Update

Sampo PLC (OTCMKTS:SAXPY) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 2,914 shares, a drop of 86.9% from the April 15th total of 22,305 shares. Based on an average daily volume of 132,505 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

A number of analysts have recently issued reports on SAXPY shares. Citigroup reissued a “neutral” rating on shares of Sampo in a research note on Friday, April 24th. Barclays upgraded shares of Sampo to a “hold” rating in a report on Tuesday, January 13th. Finally, Zacks Research upgraded shares of Sampo to a “strong sell” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Sampo Price Performance

Shares of SAXPY stock opened at $20.76 on Tuesday. Sampo has a twelve month low of $19.93 and a twelve month high of $24.43. The stock has a market capitalization of $110.26 billion, a price-to-earnings ratio of 14.42 and a beta of 0.39. The stock has a fifty day simple moving average of $21.36 and a two-hundred day simple moving average of $22.34. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.34.

Sampo (OTCMKTS:SAXPY) last announced its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.30 EPS for the quarter, beating the consensus estimate of $0.23 by $0.07. The firm had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.48 billion. On average, analysts predict that Sampo will post 1.11 EPS for the current fiscal year.

About Sampo

Sampo plc is a Finland-based insurance and financial services group that primarily underwrites property and casualty (P&C) insurance while also offering life insurance and related financial products. The company operates through subsidiaries that provide a mix of retail and corporate insurance solutions, claims handling and risk management services. Its business model emphasizes underwriting discipline and diversified exposure across personal, commercial and specialty insurance lines.

Sampo’s operations include well-known subsidiaries that deliver core products and services: a Nordic P&C insurer that writes motor, property, liability and specialty lines, and a life insurance and wealth management arm that offers savings, pension solutions and asset management services.