Sompo (OTCMKTS:SMPNY) Shares Gap Down – What’s Next?

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) gapped down before the market opened on Monday . The stock had previously closed at $22.07, but opened at $21.00. Sompo shares last traded at $21.00, with a volume of 1,455 shares trading hands.

Sompo Stock Performance

The firm has a market capitalization of $39.01 billion, a price-to-earnings ratio of 8.22 and a beta of 0.30. The business has a fifty day moving average price of $20.68 and a 200 day moving average price of $19.40.

Sompo (OTCMKTS:SMPNY) last posted its quarterly earnings results on Friday, August 14th. The company reported $0.64 earnings per share (EPS) for the quarter. The firm had revenue of $10.15 billion during the quarter. Sompo had a return on equity of 13.69% and a net margin of 12.35%.

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.