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

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $17.79 and last traded at $17.05, with a volume of 35379 shares traded. The stock had previously closed at $17.0070.

Sompo Price Performance

The company has a fifty day moving average of $15.83 and a 200 day moving average of $15.56. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.12 and a quick ratio of 0.12. The firm has a market capitalization of $31.84 billion, a P/E ratio of 9.02 and a beta of 0.37.

Sompo (OTCMKTS:SMPNY) last released its earnings results on Wednesday, November 19th. The company reported $0.89 earnings per share (EPS) for the quarter. Sompo had a net margin of 10.20% and a return on equity of 14.10%. The business had revenue of $9.37 billion for the quarter. Sell-side analysts predict that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 earnings per share for the current year.

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.