Sompo (OTCMKTS:SMPNY) Sets New 52-Week High – Here’s What Happened

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $21.6850 and last traded at $21.6750, with a volume of 61569 shares traded. The stock had previously closed at $20.93.

Sompo Trading Up 3.5%

The company’s 50-day simple moving average is $19.52 and its 200-day simple moving average is $18.88. The stock has a market capitalization of $40.47 billion, a price-to-earnings ratio of 9.26 and a beta of 0.32.

Sompo (OTCMKTS:SMPNY) last issued its quarterly earnings results on Wednesday, May 20th. The company reported $0.44 EPS for the quarter. The company had revenue of $8.84 billion for the quarter. Sompo had a net margin of 11.95% and a return on equity of 13.10%.

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.