Sompo (OTCMKTS:SMPNY) Reaches New 1-Year High – Here’s Why

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $20.5350 and last traded at $20.5350, with a volume of 299 shares traded. The stock had previously closed at $19.5431.

Sompo Price Performance

The stock has a fifty day moving average of $18.71 and a 200 day moving average of $17.75. The firm has a market capitalization of $36.23 billion, a P/E ratio of 9.46 and a beta of 0.33.

Sompo (OTCMKTS:SMPNY) last issued its quarterly earnings results on Wednesday, May 20th. The company reported $0.44 EPS for the quarter. Sompo had a return on equity of 13.26% and a net margin of 10.62%.

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.